This property is no longer on the market
Property
Property description & features
- Tenure: Freehold
- Rental income of £13,000 per annum, excellent yield of 9% at guide price
- Prime main street location
- Excellent opportunity, rarely brought to auction
ONLINE PROPERTY AUCTIONS SCOTLAND are delighted to present this tenanted commercial investment opportunity. Currently leased and operating as a hot food cafe with a yearly rental of £13,000, which represents a yield of 9% at the current guide price. This property would make a great investment for those looking to add to their portfolio.
Online Property Auctions Scotland are delighted to present this tenanted commercial property, situated on a prime Main Street location in Ballieston, Glasgow. The property is currently let at £13,000 per annum, delivering an excellent yield of 9% at guide price. This is a rare opportunity that is seldom brought from to auction.
Lease in place until 2025 with the possibility to extend the lease
A rare opportunity not to be missed
Landmark property, category C listed building
Hot food premises, currently operating as a caf
Must be sold in auction.
Rental income of £13,000 per annum
Attractive yield of 9% based on current guide price.
Nearby sold prices:
122 Bredisholm Road, Baillieston, Glasgow, G69 7HN, sold (August 2019) £229,995
206 Bredisholm Road, Baillieston, Glasgow, G69 7HN sold (February 2019) £219,995
30 Bredisholm Road, Baillieston, Glasgow, G69 7HL sold (December 2019) £205,000
78 Bracadale Road, Baillieston, Glasgow, G69 7EW sold (May 2017) £162,010
Well situated on a busy Main street location, the property benefits from being close to a wide range of amenities including shops, cafes and bars. The property further benefits from being close to nearby transport links including the M8 motorway which offers access to Glasgow city centre and Edinburgh.
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Places of interest
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