Guide price
£144,000Property for sale
Graham Street, Let Cafe Alba Investment, Airdrie ML6
Auction
Reduced
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 28 November 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 2% of Sale Price (Min £3250 +vat)
TENANTED INVESTMENT PROPERTY* Currently LET on FRI LEASE until 31st March 2029 at £24,000 PER ANNUM located within Airdrie Town Centre. IMMEDIATE RENTAL INCOME* Tenant: Byrnes of Milngavie Ltd t/a Cafe Alba Term: 1st April 2019 - 31st March 2029 Passing Rent: £24,000p.a.x Rent Review: 1st April 2024 Further: The tenants operate 3 cafes in Milngavie, Cumbernauld and Airdrie. Internally the property is presented in an open plan layout with customer seating to the front along with external seating. The main counter and customer w.c. is situated to the rear with partitioned food prep and stores to the rear along with the staircase to the upper floor and rear common yard access. The first floor offers ancillary storage and sorting space with staff tea prep and w.c facilities. EXCELLENT TRADING LOCATION* Nearby occupiers include Boots Pharmacy, Greggs, Subway & Costa Coffee.
Auction Details
28 November 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: 2% of Sale Price (Min £3250 +vat)
TENANTED INVESTMENT PROPERTY* Currently LET on FRI LEASE until 31st March 2029 at £24,000 PER ANNUM located within Airdrie Town Centre. IMMEDIATE RENTAL INCOME* Tenant: Byrnes of Milngavie Ltd t/a Cafe Alba Term: 1st April 2019 - 31st March 2029 Passing Rent: £24,000p.a.x Rent Review: 1st April 2024 Further: The tenants operate 3 cafes in Milngavie, Cumbernauld and Airdrie. Internally the property is presented in an open plan layout with customer seating to the front along with external seating. The main counter and customer w.c. is situated to the rear with partitioned food prep and stores to the rear along with the staircase to the upper floor and rear common yard access. The first floor offers ancillary storage and sorting space with staff tea prep and w.c facilities. EXCELLENT TRADING LOCATION* Nearby occupiers include Boots Pharmacy, Greggs, Subway & Costa Coffee.
Auction Details
28 November 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
Full profileProperty listings
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.