Property
Auction
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 02 November 2023
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
Comprises 284.60 sq m (3,063 sq ft) of accommodation Let to TSB Bank plc on a lease expiring 2026 (1) Town Centre position close to Post Office, RBS and Co-op Food First floor sub-let and trading as a restaurant VAT is not applicable Six Week Completion Available The first floor is self-contained with access from Cluny Square. We understand it has been sub-let and is presently trading as Bengal Brasserie. We understand the first floor is sub-let at £6,500 p.a. UNIT SIZE: Ground Floor 157.60 sq m 1,696 sq ft. First Floor 127.00 sq m 1,367 sq ft. Total 284.6 sq m 3,063 sq ft . For the year ended 31.12.2020 TSB Bank plc did not report a turnover but reported a loss of £200.5m, shareholders funds of £1.725bn and a net worth of £1.675bn (Source: Experian 17.05.2021)
Auction Details
02 November 2023, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
Comprises 284.60 sq m (3,063 sq ft) of accommodation Let to TSB Bank plc on a lease expiring 2026 (1) Town Centre position close to Post Office, RBS and Co-op Food First floor sub-let and trading as a restaurant VAT is not applicable Six Week Completion Available The first floor is self-contained with access from Cluny Square. We understand it has been sub-let and is presently trading as Bengal Brasserie. We understand the first floor is sub-let at £6,500 p.a. UNIT SIZE: Ground Floor 157.60 sq m 1,696 sq ft. First Floor 127.00 sq m 1,367 sq ft. Total 284.6 sq m 3,063 sq ft . For the year ended 31.12.2020 TSB Bank plc did not report a turnover but reported a loss of £200.5m, shareholders funds of £1.725bn and a net worth of £1.675bn (Source: Experian 17.05.2021)
Auction Details
02 November 2023, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
About this agent
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We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.