No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£39,000
Reduced < 7 days

Retail property (out of town) for sale

London Road, Glasgow G40
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Retail property (out of town)
1 bed
0 bath
172 sq ft / 16 sq m

Property description & features

  • Tenure: Freehold
  • Prime Property Auctions New Entry. Prime commercial unit located in sought after street in Glasgow.
  • Property is currently tenanted to a hairdressers and is producing a rental income of £525. Fantastic yield at Guide price of £39,000
  • Property is producing a gross annual income of £6,300 which give a yield of 16.2% making it a very attractive investment opportunity.
  • The Property has a rateable value of £1,500 per annum which means that the business can claim 100% rates relief.
  • Property is located on a busy street benefitting from high passing trade. Sure to appeal to investors.
  • Prime Property Auctions New Entry. Prime commercial unit located in sought after street in Glasgow.
  • Property is currently tenanted to a hairdressers and is producing a rental income of £525. Fantastic yield at Guide price of £39,000
  • Property is producing a gross annual income of £6,300 which give a yield of 16.2% making it a very attractive investment opportunity.
  • The Property has a rateable value of £1,500 per annum which means that the business can claim 100% rates relief.
  • Property is located on a busy street benefitting from high passing trade. Sure to appeal to investors.

 

Prime Property Auctions New Entry. Prime commercial unit located in sought after street in Glasgow. Property comprises: Sales area, utility room and toilet area.

Property is currently tenanted to a hairdressers and is producing a rental income of £525. Fantastic yield at Guide price of £39,000. Property is producing a gross annual income of £6,300 which give a yield of 16.2% making it a very attractive investment opportunity.

 

The lease was signed January 2024 and is due to end on the 7th January 2027.

 

This property benefits from being located in a sought after area and is an easily lettable unit.

 

Property will be sold with the tenant in situ. A copy of the lease can be downloaded along with copy of the title documents.

 

Property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment.

 

Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.

 

Location:

 

Bridgeton and its neighbouring areas have undergone massive transformation in the last seven years as part of Clyde Gateway's regeneration plan. With the launch of the Athletes Village for the 2014 Commonwealth Games, the area is now bustling with new residential homes, office accommodation and community amenities. Glasgow Green and the People's Palace are a short walk away making the area an attractive option for tenants.

 

The property is very well located for transport links including regular trains from Bridgeton Station, excellent road links to the nearby M8 and M74 motorways and local bus services offering a variety of routes.

 

Places of interest

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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: obtained from Ofcom on May 1, 2024

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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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