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Description

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

***Prime commercial investment opportunity*** Enclosed commercial yard with secure entrance gates*** 1 tenanted unit and 3 vacant along with 4 income producing advertising boards***

***Premium site located directly off busy main road*** Opposite Righead Industrial Estate which houses a number of prestigious known brands*** ***Advertising boards rent at £6,100 pa***

***There are 4 commercial units within the enclosed yard along with 4 advertising boards *** The site is perfect for asset management to maximise rentals and increase rental yield substantially***

*** Units 1 is tenanted on month to month leases with rental of £800pm / £9,600 pa.***Potential for high yielding site through asset management***

***Potential high yielding commercial units in enclosed yard*** Ideal for asset management*** Potential alternative development opportunities (STPP)*** Premium position on busy main road***

***PRIME COMMERCIAL SITE WITH 4 RENTAL UNIT AND 4 ADVERTISING BOARDS. MASSIVE SCOPE TO INCREASE REVENUE IF FULLY ASSET MANAGED*** FANTASTIC DEVELOPMENT OPPORTUNITY (SUBJECT TO PLANNING) ***Prime commercial investment opportunity*** Enclosed commercial yard with secure entrance gates*** 1 tenanted unit and 3 vacant*** ***Premium site located directly off busy main road*** Opposite Righead Industrial Estate which houses a number of prestigious known brands*** ***There are 4 commercial units within the enclosed yard*** The site is perfect for asset management to maximise rentals and increase rental yield substantially*** *** Units 1 is tenanted on month to month leases with rental of £800pm / £9,600 pa.***Potential for high yielding site through asset management*** ***Additional rental income of £6,100 pa through the advertising boards*** ***With the correct asset management a realistic rental figure of circa £50,000 pa could be achievable for the4 site*** ***Potential high yielding commercial units in enclosed yard*** Ideal for asset management*** Potential alternative development opportunities (STPP)*** Premium position on busy main road*** ***This is a premium commercial site with massive potential to add value and income through planned asset management*** The units are leased on short term month to month arrangements which gives any new owner a degree of flexibility over occupancy***

The property is located close to Bellshill Town Centre with a wide range of shops and other amenities. The location benefits from a considerable amount of passing vehicle traffic with Bellshill being easily accessible via the Glasgow motorway network. Bellshill benefits from good public transport links and is located approx 13 miles south east of Glasgow City Centre. Located opposite Righead Industrial Estate with a number of recognised National companies. Other well known names in the immediate area include Screwfix, DHL and McDonalds.

Full Address: 802 Old Edinburgh Road, Bellshill, ML4 3JG

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Map & Location

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Special Terms of Sale

  • Buyers Fee (?) 2% of Sale Price (Minimum of £2000 +vat)

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.

Tenancy Details

Type of Agreement: Informal Arrangement
Length:
Rent: £23,700 per year / £1,975 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Guide Price: £305,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. 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.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2% of Sale Price (Minimum £2,000 + 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.

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.

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Auction Details

Date & Time: 25 April 2025, 12pm
Type: Deadline for Offers

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