Property for sale
Property description & features
- Tenure: Freehold
- Commercial Investment property let to *WILLIAM HILL BOOKMAKERS*
- * Let for £12,500 per annum* Massive 16.66% Rental Yield*
- *BRAND NEW 15 YEAR LEASE (2024)*
*RARE OPPORTUNITY TO ACQUIRE 100% PRIME PROPERTY* Popular location within sought after local parade*
*ESTABLISHED LOCAL PARADE---- Nearby Occupiers include: Ladbrokes, Subway, Boots, Medical centre, Rowlands pharmacy, Convenience store*
Well Let commercial property investment* Excellent affordable lot size* Tenant Been in occupation for many years* Brand New 15 Year lease to National Tenant*
The area is a very popular spot with a number of well known national retailers and local independents taking advantage of the local catchment population*
LET Commercial Investment producing an annual income of £12,500 per annum *FULL Details in Legal Pack*
* High Yield of 16.66% at QUOTED SALE PRICE* very low price to ensure quick sale* Commercial Investment Opportunity*BRAND NEW 15 YEAR LEASE (2024)* Let to William Hill bookmakers at ac rent of £12,500 per annum* POPULAR LOCAL PARADE OF SHOS with nearby occupiers including but not limited to: Ladbrokes, Boots, Rowlands pharmacy, Subway sandwich shop & Convenience store*Hamilton with a resident population of circa 55,000 is one of the main urban & retail destinations in South Lanarkshire where the greater population is in the region of 300,000 residents. The property being sold is held on a long leasehold title. The ground lease expires in over 75 year time (2100). The freeholder is South Lanarkshire Council. The annual ground rent payable is £1,500 per annum Full details are within the legal pack.* New owners could look to acquire the freehold interest in the site from the council upon completion of acquisition. This could increase the value of the property substantially for only a nominal amount* GREAT ASSET MAANAGEMENT POTENTIAL* HIGH YIELDING OPPORTUNITY LET TO NATIONAL TENANT*
GUIDE PRICE: £75,000
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Places of interest
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Broadband availability and predicted speed
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Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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