This property is no longer on the market
Property
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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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
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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