No longer on the market
This property is no longer on the market
MapProperty
Auction
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 08 February 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Lower Deposit: 5% of Sale Price.
Reduced Buyers Fee: 1% of Sale Price (Min £2500 +vat)
The property is let to Sovereign Grooming Glasgow Ltd on a Full Repairing and Insuring lease (subject to a Schedule of Condition) for a period of 10 years from 9th August 2021 until 8th August 2031. The tenant has a break option on 8th May 2026, on serving a 6 months prior written notice. The rent is stepped for the first 5 years as undernoted: Year 1 - £27,000 PA Year 2 - £29,000 PA Year 3 - £31,000 PA Year 4 - £33,000 PA Year 5 - £35,000 PA There is a fixed uplift to £37,000 pa at the end of the 5th year. The subjects comprise a double windowed unit arranged over the ground, first and basement floors with a separate means of escape to the rear. Internally the property has been fitted-out to a high standard with a variety of floorcoverings, painted walls and modern lighting throughout. There is a reception area with a raised salon area beyond, a fitted training salon area in the basement and staff area, with WCs on the first floor.
Auction Details
08 February 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.
Lower Deposit: 5% of Sale Price.
Reduced Buyers Fee: 1% of Sale Price (Min £2500 +vat)
The property is let to Sovereign Grooming Glasgow Ltd on a Full Repairing and Insuring lease (subject to a Schedule of Condition) for a period of 10 years from 9th August 2021 until 8th August 2031. The tenant has a break option on 8th May 2026, on serving a 6 months prior written notice. The rent is stepped for the first 5 years as undernoted: Year 1 - £27,000 PA Year 2 - £29,000 PA Year 3 - £31,000 PA Year 4 - £33,000 PA Year 5 - £35,000 PA There is a fixed uplift to £37,000 pa at the end of the 5th year. The subjects comprise a double windowed unit arranged over the ground, first and basement floors with a separate means of escape to the rear. Internally the property has been fitted-out to a high standard with a variety of floorcoverings, painted walls and modern lighting throughout. There is a reception area with a raised salon area beyond, a fitted training salon area in the basement and staff area, with WCs on the first floor.
Auction Details
08 February 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
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.