Property for sale
Property description & features
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 30 May 2024
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
Fantastic opportunity to purchase licenced commercial premises located on the ground floor of a three storey traditional building, of brick construction. The upper floors are in use as residential dwellings. The property benefits from three large display windows either side of a single entrance door. ATM machine installed in premises. Net Area internally extends to approx. 1,200 Sq.Ft. (112.60m2). RV/NAV is £13,200 per year. Tenanted Commercial Premises (Liquor Barn Ltd) with ALCOHOL SALE LICENSE consents. Located on main Tollcross Road thoroughfare connecting Hamilton Road and the Gallowgate. PREMISES COMPRISE: Main entrance into open sales service area with display counters and fridge access, secure enclosed counter with L shaped shelving for products, rear staff area and toilet facilities, safe room, storage and fire exit to the rear. Shop is trading seven days per week between 10am and 9pm. Currently LET on a FRI (tenant pays all outlays) Lease agreement at £18,200 per annum to Estanza LTD (distributor of frozen and fresh foods, serving the restaurant, catering and specialist supermarket sectors at the most competitive prices). Opportunity to purchase a freehold (Outright Ownership) for a set up retail premises within established residential locale. Affordable Investment within popular area. Established tenant with a number of commercial units in the area. Open 7 days a week. Prominent site on parade of shops with good frontage, busy trading location as near local Co-op supermarket, next door to pharmacy, facing Post Office and Tollcross International Swimming Centre.
Auction Details
30 May 2024, 10am-3pm
Timed Online Auction
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