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: 07 September 2023
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 2% of Sale Price (Min £2000 +vat)
Let to William Hill Organization Limited on a new 15 year lease extended lease. RENT £12,500 per annum. Tenant been in occupation over 20 years. VAT FREE PROPERTY. Upwards only rental. CPI linked rent increase in the 5th year (cap & collar 5% - 10%) minimum increases in year 5 to market rent (closer to £15,000 pa or CPI index cap and collar 5% - 10%). Tenancy 15 year FRI lease from June 2023 to William Hill Organization Limited. £12500 pa upwards only reviews in year 5. William Hill Organization Limited forms part of 888 Holdings PLC, one of the world's leading online betting and gaming companies (source: ). SUPER LOCATION - Located opposite Tesco Express and close to the Westwood Square Shopping Precinct. VAT is not applicable. Excellent trading unit also single storey so long term development potential or HOT FOOD / TAKE AWAY potential (subject consents). Situated within the Westwood Square Car Park, off Redcliffe Drive. Occupiers close by include Tesco Express, Spar, Betfred and a number of local traders within Westwood Square Shopping Precinct.
Auction Details
07 September 2023, 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.
Reduced Buyers Fee: 2% of Sale Price (Min £2000 +vat)
Let to William Hill Organization Limited on a new 15 year lease extended lease. RENT £12,500 per annum. Tenant been in occupation over 20 years. VAT FREE PROPERTY. Upwards only rental. CPI linked rent increase in the 5th year (cap & collar 5% - 10%) minimum increases in year 5 to market rent (closer to £15,000 pa or CPI index cap and collar 5% - 10%). Tenancy 15 year FRI lease from June 2023 to William Hill Organization Limited. £12500 pa upwards only reviews in year 5. William Hill Organization Limited forms part of 888 Holdings PLC, one of the world's leading online betting and gaming companies (source: ). SUPER LOCATION - Located opposite Tesco Express and close to the Westwood Square Shopping Precinct. VAT is not applicable. Excellent trading unit also single storey so long term development potential or HOT FOOD / TAKE AWAY potential (subject consents). Situated within the Westwood Square Car Park, off Redcliffe Drive. Occupiers close by include Tesco Express, Spar, Betfred and a number of local traders within Westwood Square Shopping Precinct.
Auction Details
07 September 2023, 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.