Property for sale
Key information
Property description & features
- Tenure: Freehold
- We are excited to bring to market this Tenanted Commercial Investment Opportunity located within a prime location in Glasgow *Guide Price £85,000*
- For rental purposes, the property is currently tenanted at £900 PCM (£10,800 PA), which provides an excellent 12% yield if achieved for guide price of £85,000 *FANTASTIC YIELDING INVESTMENT*
- The property is leased under a 10 year FRI lease, effective from 20th November 2023 until 20th November 2033, with a tenant only break option on 20th November 2028. Current Passing Rent: £10,800 p.a
- Fantastic Opportunity for Commercial investors looking for an affordable commercial premises in a busy location with high yield potential
- Property is situated on a busy street in Glasgow city, benefiting from large footfall traffic *PRIME COMMERCIAL INVESTMENT LOCATION*
- We are excited to bring to market this Tenanted Commercial Investment Opportunity located within a prime location in Glasgow- *Guide Price £85,000*
- For rental purposes, the property is currently tenanted at £900 PCM (£10,800 PA), which provides an excellent 12% yield if achieved for guide price of £85,000 *FANTASTIC YIELDING INVESTMENT*
- The property is leased under a 10-year FRI lease, effective from 20th November 2023 until 20th November 2033, with a tenant-only break option on 20th November 2028. Current Passing Rent: £10,800 p.a. (no VAT on the rent)
- Fantastic Opportunity for Commercial investors looking for an affordable commercial premises in a busy location with high yield potential
- Property is situated on a busy street in Glasgow city, benefiting from large footfall traffic - *PRIME COMMERCIAL INVESTMENT LOCATION*
We are excited to bring to market this Tenanted Commercial Investment Opportunity located within a prime location in Glasgow- *Guide Price £85,000*
Property comprises: Large sales area, Kitchen area, WC and Storage area
*FANTASTIC YIELDING INVESTMENT*
For rental purposes, the property is currently tenanted at £900 PCM (£10,800 PA), which provides an excellent 12% yield if achieved for guide price of £85,000
The property is leased under a 10-year FRI lease, effective from 20th November 2023 until 20th November 2033, with a tenant-only break option on 20th November 2028. Current Passing Rent: £10,800 p.a. (no VAT on the rent)
Fantastic Opportunity for Commercial investors looking for an affordable commercial premises in a busy location with high yield potential
Property is situated on a busy street in Glasgow city, benefiting from large footfall traffic - *PRIME COMMERCIAL INVESTMENT LOCATION*
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
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.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Glasgow, Scotland's largest city, offers outstanding investment opportunities driven by its dynamic economy, strategic location, and continuous development. Known for its diverse economy, Glasgow excels in finance, technology, life sciences, and creative industries, supported by a strong talent pool from leading universities like the University of Glasgow. The city benefits from excellent connectivity with major motorways, extensive rail networks, and an international airport, ensuring seamless access to domestic and international markets. Ongoing regeneration projects, such as the Glasgow Riverside Innovation District and the redevelopment of the city centre, enhance infrastructure and attract business growth. With a vibrant cultural scene, a highly skilled workforce, and strong community initiatives, Glasgow stands out as an ideal destination for investors seeking opportunities in a thriving, forward-looking city
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 212442506. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
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
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.