BIDDING OPENS in...

Description

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

***INCOME PRODUCING INVESTMENT*** Ground floor retail premises held on a FRI lease producing £10,000 pa PROMINENT TOWN CENTRE LOCATION

The property is currently held on lease to Hearing and Wellbeing Ltd expiring October 2033 at a passing rent of £10,000p.a. plus a 4% management fee provision.

Ground floor retail unit currently utilised as an office and has been fit out to the clients specification presented to a high standard.

SUPER TRADING POSITION *** PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO**

SUPER LOCATION Located in the heart of Hamilton town centre, a busy area with a mix of shops, cafés, businesses, and historic buildings.

***INCOME PRODUCING INVESTMENT*** Ground floor retail premises held on a FRI lease producing £10,000 pa PROMINENT TOWN CENTRE LOCATION The property is currently held on lease to Hearing and Wellbeing Ltd expiring October 2033 at a passing rent of £10,000p.a. plus a 4% management fee provision. Ground floor retail unit currently utilised as an office and has been fit out to the clients specification presented to a high standard. SUPER TRADING POSITION *** PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER LOCATION Located in the heart of Hamilton town centre, a busy area with a mix of shops, cafés, businesses, and historic buildings.

Cadzow Street is a historic and busy street in Hamilton, South Lanarkshire, located near the town centre. It is home to a mix of shops, businesses, cafés, and historic landmarks, making it a key part of Hamilton’s commercial and cultural scene. Hamilton Central train Station (5-minute walk) with direct trains to Glasgow (20 minutes). Frequent nus services connecting Hamilton to Motherwell, East Kilbride, and Glasgow. Easy access to the M74 motorway, linking to Glasgow, Edinburgh, and southern Scotland.

Full Address: 56 Cadzow Street, Ground Floor HEARING AND WELLBEING LTD Offices, Hamilton, ML3 6DS

Show More

Map & Location

Map   Street View   Satellite

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 8 Years
Rent: £10,000 per year / £833 per month
Yield: 12% (approx)
Tenant: Company
Notes: The property is currently held on lease to Hearing and Wellbeing Ltd expiring October 2033 at a passing rent of £10,000p.a.

Document Downloads

Legal Pack (Available)

Pricing Information & Bidding

Opening Bid: £85,000

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).

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.

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

View Full Auction Catalogue