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Description
SUPER INVESTMENT OPPORTUNITY*** Retail Unit in in EXCELLENT TRADING POSITION. Currently LET to Morrisons on FRI Lease at £30,000 Per annum with 8.5 years remaining.
SUPER TRADING POSITION *** with highly visible frontage. HIGH volumes of passing trade.
NO VAT*** PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield producing £30,000 per annum
The property occupies a prominent pitch on West Princes Street, one of Helensburgh’s main retailing thoroughfares.
Helensburgh is an affluent and prosperous community situated on the Firth of Clyde, some 25 miles west of Glasgow and is one of the principal towns in Argyll & Bute.
SUPER INVESTMENT OPPORTUNITY*** Retail Unit in in EXCELLENT TRADING POSITION. Currently LET to Morrisons on FRI Lease at £30,000 Per annum with 8.5 years remaining. SUPER TRADING POSITION *** with highly visible frontage. HIGH volumes of passing trade. NO VAT*** PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield producing £30,000 per annum The property occupies a prominent pitch on West Princes Street, one of Helensburgh’s main retailing thoroughfares. Helensburgh is an affluent and prosperous community situated on the Firth of Clyde, some 25 miles west of Glasgow and is one of the principal towns in Argyll & Bute.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 8.5 years left on lease
Rent: £30,000 per year / £2,500 per month
Yield: 8% (approx)
Tenant: Company
Notes: Let to Morrisons.
Maps & Location
Map Street View SatelliteThe property occupies a prominent pitch on West Princes Street, one of Helensburgh’s main retailing thoroughfares. The surrounding area consists of a blend of residential and commercial occupiers. Helensburgh is an affluent and prosperous community situated on the Firth of Clyde, some 30 miles north west of Glasgow and is one of the principal towns in Argyll & Bute.
Document Downloads
Pricing Information & Bidding
Opening Bid: £385,000
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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 = 2% of Sale Price (Minimum £3,250 + vat)
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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 - 92-94West Princes Street, Morrisons, Helensburgh