No longer on the market
This property is no longer on the market
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Auction
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 11 January 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
IMMEDIATE INCOME PRODUCING INVESTMENT. Tenanted convenience store in 100% PRIME LOCATION in the thriving Glasgow suburb of Shawlands. Rental income of £17,000 per annum until 2047- no breaks. SUPER SIZE AND LOCATION set over ground floor and basement (ground- 740sqft and basement 760sqft- total 1,500sqft) in 100% prime trading position. EXCELLENT FRONTAGE ONTO BUSY MAIN ROAD. SUPER LOCATION in densely populated residential area within 100 yards of Crossmyloof Train Station and only 200 yards from Hutcheson's Grammar School generating massive levels of passing trade. 100% SECURE RENTAL INCOME with 24 years unexpired on Full Repairing and Insurance lease. Current rental is £17,000 per annum. Rent is reviewed to open market value every 3 years (next Jan 2026). SUPER INVESTMENT OPPORTUNITY with excellent long-term yield in excellent trading position within the 'Heart of the Southside'. Shawlands is considered to be among Glasgow's most vibrant communities.
Auction Details
11 January 2024, 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)
IMMEDIATE INCOME PRODUCING INVESTMENT. Tenanted convenience store in 100% PRIME LOCATION in the thriving Glasgow suburb of Shawlands. Rental income of £17,000 per annum until 2047- no breaks. SUPER SIZE AND LOCATION set over ground floor and basement (ground- 740sqft and basement 760sqft- total 1,500sqft) in 100% prime trading position. EXCELLENT FRONTAGE ONTO BUSY MAIN ROAD. SUPER LOCATION in densely populated residential area within 100 yards of Crossmyloof Train Station and only 200 yards from Hutcheson's Grammar School generating massive levels of passing trade. 100% SECURE RENTAL INCOME with 24 years unexpired on Full Repairing and Insurance lease. Current rental is £17,000 per annum. Rent is reviewed to open market value every 3 years (next Jan 2026). SUPER INVESTMENT OPPORTUNITY with excellent long-term yield in excellent trading position within the 'Heart of the Southside'. Shawlands is considered to be among Glasgow's most vibrant communities.
Auction Details
11 January 2024, 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
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.
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