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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

***Stunning modern commercial premises in prime tourist village of Balloch in Loch Lomond*** Huge potential for rental income, with no vacant retail space available in the village***

***The premises are currently laid out as a single unit however there is scope to subdivide into 4 individual retail units*** Total area approx 415sq metres. Offered in developer's shell specification

***Occupying the ground floor of a luxury modern development of 22 apartments. Overlooking the River Leven. Situated on Balloch's main thoroughfare with huge potential footfall in tourist season***

***Located in the heart of Balloch, which is at the foot of Loch Lomond and the National Park. Lomond Shores Shopping Centre and Loch Lomond Sea Life Centre are found nearby***

***Fantastic development opportunity with potential rental income up to £60,000 pa. which represents a very healthy yield of 17% against current guide price***

***Stunning modern commercial premises in prime tourist village of Balloch in Loch Lomond*** Huge potential for rental income, with no vacant retail space available to let within the village*** ***The premises are currently laid out as a single unit however there is scope to subdivide into 4 individual retail units*** Total area approx 415sq metres. Offered in developer's shell specification*** ***Occupying the entire ground floor of a luxury, modern development of 22 apartments. Overlooking the River Leven. Situated on Balloch's main thoroughfare with huge potential footfall in tourist season, shared parking to rear and loading bay to the front*** There is massive potential within the village combined with a shortage of retail space available. ***First time being sold in auction*** ***Highly attractive guide price*** ***Premium retail space in luxury building*** ***VAT will be applicable on this transaction at the current rate*** ***Massive potential for tourist trade with Balloch being a major tourist attraction next to Loch Lomond*** ***Located in the heart of Balloch, which is at the foot of Loch Lomond and the National Park. Lomond Shores Shopping Centre and Loch Lomond Sea Life Centre are found nearby*** ***Fantastic development opportunity with potential rental income up to £60,000 pa. which represents a very healthy yield of 17% against current guide price***

Balloch is a most desirable town which blends the world renowned tourism of Loch Lomond and general day to day living with local amenities shopping, schooling and local transport links including bus and rail links to major centres of industry and commerce. The road infrastructure enables commuting to Glasgow city centre and hubs throughout the west of Scotland making this a first class commuter base. Loch Lomond is one of Scotland's most popular tourist destinations and enjoys regular flow of business from visiting and passing tourists.

Full Address:  Riverside, Balloch Road, Balloch, G83  8LQ

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Pricing Information & Bidding

Opening Bid: £284,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 03 April 2025, 10am-3pm
Type: Timed Online Auction

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