Property
Auction
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 09 January 2025
TENENATED INCOME PRODUCING INVESTEMENT* 2 commercial properties in SUPER TRADING POSITION *PRIME INVESTMENT PROPERTY Passing Rent: £29,000p.a Fixed Increase to £32,000p.a in July 2027 34 Bridgetate extends to 2,845sq ft over 2 floors. 38-40 Bridgegate extends to 3,458sq ft over 2 floors. GREAT LOCATION within busy town centre with HIGH LEVELS OF PASSING TRADE. 34 Bridgegate is held on an F.R.I lease to Coincandy Ltd expiring 15th April 2029 at a passing rent of £17,000p.a.x. 38-40 Bridgegate F.R.I lease expiring 31st June 2034 with a tenant only break option in 2026. Current rent £12,000p.a.x until 1st July 2027 with a fixed increase to 15,000p.a.x. Rent review 2029 Facing SANTANDER directly adjacent to the entrance to the Rivergate Shopping Centre. PRIME TRADING POSITION busy pedestrianised town centre neighbouring Subway, Betfred, Semi-Chem, Nationwide.
Auction Details
09 January 2025, 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.
Auction Details
09 January 2025, 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
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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.