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Property

Auction
Property
Added > 14 days

Features and description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted
  • AUCTION DATE: 02 May 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)

Highly Visible Location on Established Trading Location. Substantial unit. PRIME RETAIL AREA surrounded by occupied commercial premises and a high resident population. VAT FREE INVESTMENT, no vat payable on purchase price. Held on F.R.I Lease with passing rent: £20,800 p.a. Full Rates Discount with small business. The property comprises a mid terraced commercial unit formed over ground and first floor. Busy Position to benefit from high footfall on Carfin Street and situated adjacent to a number of National tenants including and The Scotmid supermarket with ATM machine and The Corner House public bar. New Stevenston community centre, New Stevenston Primary School, Taylor High School and Holytown train station are all within walking distance. Net Area: Ground Floor - 60.97 Sq.m. (656.27 Sq.Ft.). The unit is broadly rectangular in shape, sub-divided to form a front sales area with a rear kitchen, storage and toilet facilities. Fully Alarmed. Secured with electric roller shutters. The property is held on a full repairing and insuring head lease on the following terms; Tenant: Flames Motherwell Expiry: January 2036 Passing Rent: £20,800 per annum Tenant In Situ Since 2021 HIGH PASSING TRADE --- Situated close to Taylor High School which may generate a boost of sales. Busy local shopping area. Prominent CLASS 3 REFURBISHED HOT FOOD retail pitch on busy main thoroughfare with annual income of £20,800 with 14 years remaining on lease (no break option).

Auction Details
02 May 2024, 10am-3pm
Timed Online Auction

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Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
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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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