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Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
***INCOME PRODUCING INVESTMENT*** Ground floor commercial premises in Town Centre Location. Current passing Rent: £4,500p.a There is opportunity to negotiate a new lease with the current tenant.
The property is held on a personal name t/a Monster Lab Nutrition supplement shop.
The shop extends to 480sq ft with
rent of £4,500per annum payable.
The current lease expired in 2019.
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. Current passing Rent: £4,500p.a There is opportunity to negotiate a new lease with the current tenant.
The property is held on a personal name t/a Monster Lab Nutrition supplement shop.
The shop extends to 480sq ft with
rent of £4,500per annum payable.
The current lease expired in 2019.
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: 115 Townhead, Kirkintilloch, G66 1NX
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Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: Rolling
Rent: £4,500 per year / £375 per month
Yield: 16% (approx)
Tenant: Private Individual
Notes: The property is held on a personal name t/a Monster Lab
Nutrition supplement shop. The shop extends to 480sq ft with
rent of £4,500per annum payable. The current lease expired in
2019 with the tenant continuing on tacit. There is an
opportunity to negotiate a new lease with the current tenant.
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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
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Auction Details
Date & Time: 06 February 2025, 10am-3pm
Type: Timed Online Auction
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