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Description
**INCOME PRODUCING INVESTMENT** Tenanted Butcher Shop in in 100% PRIME LOCATION in the thriving Glasgow suburb of Shawlands. Low rent at £12,000 Market rent £18-20,000 per annum **VAT FREE PURCHASE**
Ground floor commercial premises let to local Burchers at £12,000 per annum. 100% prime trading position. EXCELLENT FRONTAGE ONTO BUSY MAIN ROAD.
SUPER LOCATION in densely populated residential area close to Crossmyloof Train Station and close to Hutcheson's Grammar School generating massive levels of passing trade.
PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £12,000 PER ANNUM
SUPERB LOCATION Within the 'Heart of the Southside'. Shawlands is considered to be among Glasgow's most vibrant communities
**INCOME PRODUCING INVESTMENT** Tenanted Butcher Shop in in 100% PRIME LOCATION in the thriving Glasgow suburb of Shawlands. Low rent at £12,000 Market rent £18-20,000 per annum **VAT FREE PURCHASE** Ground floor commercial premises let to local Burchers at £12,000 per annum. 100% prime trading position. EXCELLENT FRONTAGE ONTO BUSY MAIN ROAD. SUPER LOCATION in densely populated residential area close to Crossmyloof Train Station and close to Hutcheson's Grammar School generating massive levels of passing trade. PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £12,000 PER ANNUM SUPERB LOCATION Within the 'Heart of the Southside'. Shawlands is considered to be among Glasgow's most vibrant communities
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: Rolling
Rent: £12,000 per year / £1,000 per month
Yield: 7% (approx)
Tenant: Private Individual
Notes: Rent review 01st August 2030. Low rent £12,000 PA Market rent £18-20,000 per annum (good scope for rental growth)
Maps & Location
Map Street View SatelliteShawlands is a thriving district in Glasgow's Southside- recently named as the 6th best place to live in Scotland by a national newspaper. Shawlands is a popular commuter hub with a resident population of approximately 10,000. The area enjoys excellent links to the City Centre via road and rail with Crossmyloof Train Station located within minutes of the property.
Document Downloads
Pricing Information & Bidding
Opening Bid: £163,000
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.
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £3,250 + vat)
Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.
Calculate Deposit & Fee
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 8Minard Road, Let Butchershop, Shawlands, Glasgow Southside