Tenanted Commercial LOT 21

117 Townhead, Kirkintilloch, G66 1NX
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Description

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

***INCOME PRODUCING INVESTMENT*** Ground floor commercial premises in Town Centre Location. New lease with 5 years remaining producing £7,200 per annum

Under offer to local hair & beautician at £7,200pa for a 5 year term with tenant break at year 3.

PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield. SUPER TRADING POSITION *** with highly visible frontage.

The propery is situated on the east side of Townhead at its junction with Industry Street and Parliament Road within the town centre of Kirkintilloch. Kirkintilloch is in East Dunbartonshire.

SUPER PRIME LOCATION in sought after Kirkintilloch. High demand rental location within close vicinity to major occupiers.

***INCOME PRODUCING INVESTMENT*** Ground floor commercial premises in Town Centre Location. New lease with 5 years remaining producing £7,200 per annum Under offer to local hair & beautician at £7,200pa for a 5 year term with tenant break at year 3. PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield. SUPER TRADING POSITION *** with highly visible frontage. The propery is situated on the east side of Townhead at its junction with Industry Street and Parliament Road within the town centre of Kirkintilloch. Kirkintilloch is in East Dunbartonshire. SUPER PRIME LOCATION in sought after Kirkintilloch. High demand rental location within close vicinity to major occupiers.

The property is situated on the east side of Townhead at itsjunction with Industry Street and Parliament Road within the town centre of Kirkintilloch. Kirkintilloch is in East Dunbartonshire, approximately 9 miles North East of Glasgow, via the M80. Other major centres in the Region include Bishopbriggs (4 miles away) and Cumbernauld (8 miles). The resident population is approximately 20,000 and Kirkintilloch is the administrative centre for the East Dunbartonshire Council.

Full Address: 117 Townhead, Kirkintilloch, G66 1NX

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 5 Years
Rent: £7,200 per year / £600 per month
Yield: 14% (approx)
Tenant: Company
Notes: Under offer to local hair & beautician at £7,200pa for 5 year term with tenant break at 3.

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Pricing Information & Bidding

Opening Bid: £51,000

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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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.

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Auction Details

Date & Time: 20 February 2025, 10am-3pm
Type: Timed Online Auction

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