Map & Location
Map
Street View
Satellite
Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
Busy Thoroughfare Ground Floor 374sq ft PRIME UNIT Held on F.R.I Lease. Well Established Local Operator. Refurbished Property. Expiry: October 2029 Passing Rent: £7,200 increasing to £7,800
Cumbernauld is strategically placed, being 14 miles from Glasgow City Centre and 38 miles from Edinburgh.
The property is held on a full repairing and insuring head lease.;
The property is not elected for V.A.T.
The property extends to the following internal area;
34.77sqm (374sq ft)
NAV/RV: £6,100
The tenant is a well established beauty therapist within the area with the move to this property part of their expansion plans.
The property comprises the ground floor of a two-stage traditionally constructed development surrounded by a pitched roof.
Internally the property is well presented with reception area and 2 partitioned private treatment rooms with tea prep and w.c to the rear. The property has been extensively renovated with new floors and L.E.D lighting throughout.
The property extends to the following internal area;
34.77sqm (374sq ft)
NAV/RV: £6,100
The property qualifies for rates exemption under the small business bonus scheme.
The property is held on a full repairing and insuring head lease on the following terms;
Tenant: Personal Name
Expiry: 17th October 2029
Passing Rent: £7,200p.a
Rent Increase: £7,800p.a from October 2027
Deposit: £1,800 held by landlord
Further: The tenant is a well established beauty therapist within the area with the move to this property part of their expansion plans.
Cumbernauld is strategically placed, being 14 miles from Glasgow City Centre and 38 miles from Edinburgh.
Cumbernauld is a densely populated “new town” with a mixture of private and social housing, with extensive residential developments persistently ongoing within the town and outlying areas
Full Address: 45a Main Street, Cumbernauld, G67 2RT
Show More
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: October 2029
Rent: £7,200 per year / £600 per month
Yield: 14% (approx)
Tenant: Private Individual
Notes: Tenant: Personal Name
Expiry: 17th October 2029
Passing Rent: £7,200p.a
Rent Increase: £7,800p.a from October 2027
Deposit: £1,800 held by landlord
Further: The tenant is a well established beauty therapist within the area with the move to this property part of their expansion plans.
Document Downloads
Legal Pack (Pending)
* Click the above 'Pending' document link to log your request and we will notify you once available.
Pricing Information & Bidding
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).
How to Bid... To take part in the online auction you must firstly
create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest
Online Auction Bidders Guide now.
Log In / Register To Bid
View Live Online Auction
Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our
ONLINE OFFER FORM now to put your offer forward to the sellers.
Submit Offer Now
SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
Payment Calculator
Please use our
PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
Payment Calculator
Auction Details
Date & Time: 09 January 2025, 10am-3pm
Type: Timed Online Auction
View Full Auction Catalogue