Property for sale

Balloch G83

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0141 433 6645

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Property description & features

Status: Available
Type: Commercial
Ownership: Freehold
Occupation: Vacant
AUCTION DATE: 28 November 2024

*Stunning modern commercial premises in prime tourist village of Balloch in Loch Lomond* Huge potential for rental income, with no vacant retail space available to let within the village* *The premises are currently laid out as a single unit however there is scope to subdivide into 4 individual retail units* Total area approx 415sq metres. Offered in developer's shell specification* *Occupying the entire ground floor of a luxury, modern development of 22 apartments. Overlooking the River Leven. Situated on Balloch's main thoroughfare with huge potential footfall in tourist season, shared parking to rear and loading bay to the front* There is massive potential within the village combined with a shortage of retail space available. *First time being sold in auction* *Highly attractive guide price* *Premium retail space in luxury building* *VAT will be applicable on this transaction at the current rate* *Massive potential for tourist trade with Balloch being a major tourist attraction next to Loch Lomond* *Located in the heart of Balloch, which is at the foot of Loch Lomond and the National Park. Lomond Shores Shopping Centre and Loch Lomond Sea Life Centre are found nearby* *Fantastic development opportunity with potential rental income up to £60,000 pa. which represents a very healthy yield of 17% against current guide price*

Auction Details
28 November 2024, 10am-3pm
Timed Online Auction

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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.

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