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Description

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

***PRIME DEVELOPMENT OPPORTUNITY***Full planning for 6 no. individual commercial units of varying sizes application ref no 22/00211/FUL. Expected ROI once developed in excess of £60,000 per annum.

The property benefits from full planning consent for division to form multiple units including retail, office, take away. The development will offer 6 no. individual commercial units of varying sizes.

Unit 1: 71sqm (764sq ft) (Hot Food) Unit 2: 211sqm (2,270sq ft) Unit 3: 90sqm (968sq ft) Unit 4: 85sqm (914sq ft) Shelled and Ready For Development. All Utilities In Place (Gas, Electricity & Water)

A unique situation is presented for any occupier to work with a developer to fit-out their space while redevelopment is ongoing to allow ample time to prepare their unit for occupation.

Expected ROI once development is fully let should produce in excess of £60,000per annum. The property benefits from an on / off sales licence which will be transferred to the new owner.

The property comprises an extensive, single storey commercial development of steel frame construction surmounted by a part pitched / part flat roof. The development will offer 6 no. individual commercial units of varying sizes, all of which will be provided with services including water, electricity and drainage. Where applicable, units may be provided with a gas supply also. The property benefits from full planning consent for division to form multiple units including retail, office, take away. A unique situation is presented for any occupier to work with a developer to fit-out their space while redevelopment is ongoing to allow ample time to prepare their unit for occupation. The development is prime to offer Hair & Beauty / Pharmacy / Take Away / Off Sales / Physio / Solicitor / Accountancy / Citizens Advice / Constituency Office amongst others. Planning has been granted (at appeal) under application ref no 22/00211/FUL Unit 1: 71sqm (764sq ft) (Hot Food) Unit 2: 211sqm (2,270sq ft) Unit 3: 90sqm (968sq ft) Unit 4: 85sqm (914sq ft) Expected ROI once development is fully let should produce in excess of £60,000per annum. The property benefits from an on / off sales licence which will be transferred to the new owner.

The property is situated on the north eastern point of Lochinvar Road in the Greenfaulds area of Cumbernauld, accessed via Greenfaulds Road heading south from Seafar roundabout. Cumbernauld is strategically placed, being 14 miles from Glasgow City Centre and 38 miles from Edinburgh. Cumbernauld is a densely populated “new town” with a mixture of private and social housing, with extensive residential developments persistently ongoing within the town and outlying areas. The area benefits from excellent public transport links with several bus stops on Greenfaulds Road along with a park and ride, a short distance away from Greenfaulds train station. The property is in close proximity to Glencryan Special Education School, Woodlands Primary and Greenfaulds High School.

Full Address: 67 Lochinvar Road, Development with planning, Cumbernauld, G67 4AR

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Pricing Information & Bidding

Opening Bid: £75,000

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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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

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.

* 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.

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Auction Details

Date & Time: 19 February 2026, 10am-3pm
Type: Timed Online Auction

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