Tenanted Commercial Property LOT 184

10 East High Street, Airdrie, ML6 6LF
OPENING BID

Timed Online Auction

30 July 2021, 10am-4pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Tenanted
  • Rateable Value Search SAA

Description

Full Address: 10 East High Street, Airdrie, ML6 6LF

Town Centre Commercial Investment*** Tenanted Commercial premises in Airdrie Town Centre. Ideal purchase for landlord or Investor looking to build/increase size of portfolio.

Currently LET to Choice Carpet Ltd on a 15 year lease from 05/01/2008 until 05/01/2023 at 5,500 Per Annum. High passing trade in busy town centre location. Excellent Investment Opportunity.

Excellent Investment with High Yield Potential. Perfect opportunity for landlord or investor looking for immediate return on investment. 100% PRIME location***

Large retail premises with Super frontage onto BUSY main road with high passing trade. Great return on Investment.

High visibility UNIT in town centre location with high volumes of passing traffic. Airdrie is located only 10 miles to Glasgow City Centre with a residential population of estimated around 40,000.

Town Centre Commercial Investment*** Tenanted Commercial premises in Airdrie Town Centre. Ideal purchase for landlord or Investor looking to build/increase size of portfolio. Large retail premises with Super frontage onto BUSY main road with high passing trade. Great return on Investment. Currently LET to Choice Carpet Ltd on a 15 year lease from 05/01/2008 until 05/01/2023 at 5,500 Per Annum. High passing trade in busy town centre location. Excellent Investment Opportunity. Prime Town thoroughfare position with visible frontage. Excellent Investment with High Yield Potential. Perfect opportunity for landlord or investor looking for immediate return on investment. 100% PRIME location*** High visibility UNIT in town centre location with high volumes of passing traffic. Airdrie is located only 10 miles to Glasgow City Centre with a residential population of estimated around 40,000.

Airdrie is located only 10 miles to Glasgow City Centre with a residential population of estimated around 40,000. Coatbridge is 5 miles east. Road links into the area are available via the M8/A8, M73 to the west and the M74 leading towards the south. High visibility UNIT in town centre location with high volumes of passing traffic. Airdrie is a popular town in North Lanarkshire, located in Scotland's Central Belt. There is a busy town centre with a pedestrianised precinct and ample parking, and a wide range of retailers.

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 15 years - 05/01/2008 - 05/01/2023
Rent: 5,500 per year / 458 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes:

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Location

Pricing Information & Bidding

Opening Bid: £48,000

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.

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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 of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 30 July 2021, 10am-4pm
Type: Timed Online Auction

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