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: 30 November 2023
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
DOMINOS INVESTMENT. Ground floor unit within Wishaw TOWN CENTRE currently LET on FRI LEASE until 17th May 2037. IMMEDIATE RENTAL INCOME OF £27,500 PER ANNUM* Tenant: D.P Realty Ltd. Expiry 17th May 2037. Tenant Break: May 2027 Rent Review: Every 5 years (upwards only) 18th May 22 Review outstanding. Option to Extend: The tenant has the right to extend the lease from May 2032 until May 2057. Passing Rent: £27,500 Per Annum (to be reviewed). SUBSTANTIAL SIZED COMMERCIAL INVESTMENT* unit extends to approx. 1,500 Sq. Ft (139.35 Sq. M). EXCELLENT TRADING LOCATION with HIGH PASSING TRADE. Nearby occupiers include Morrisons, Wetherspoons, Mecca Bingo, Betfred and Santander. Benefits from 6 No. dedicated parking spaces within the car park at the front. PROMINENT POSITION* Situated at the junction of Kirk Road and Shand Street within Wishaw TOWN CENTRE. Domino's Pizza is an internationally recognised brand trading in excess of 1,000 units across the UK. *PRIME INVESTMENT OPPORTUNITY*
Auction Details
30 November 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: 3% of Sale Price (Min £3250 +vat)
DOMINOS INVESTMENT. Ground floor unit within Wishaw TOWN CENTRE currently LET on FRI LEASE until 17th May 2037. IMMEDIATE RENTAL INCOME OF £27,500 PER ANNUM* Tenant: D.P Realty Ltd. Expiry 17th May 2037. Tenant Break: May 2027 Rent Review: Every 5 years (upwards only) 18th May 22 Review outstanding. Option to Extend: The tenant has the right to extend the lease from May 2032 until May 2057. Passing Rent: £27,500 Per Annum (to be reviewed). SUBSTANTIAL SIZED COMMERCIAL INVESTMENT* unit extends to approx. 1,500 Sq. Ft (139.35 Sq. M). EXCELLENT TRADING LOCATION with HIGH PASSING TRADE. Nearby occupiers include Morrisons, Wetherspoons, Mecca Bingo, Betfred and Santander. Benefits from 6 No. dedicated parking spaces within the car park at the front. PROMINENT POSITION* Situated at the junction of Kirk Road and Shand Street within Wishaw TOWN CENTRE. Domino's Pizza is an internationally recognised brand trading in excess of 1,000 units across the UK. *PRIME INVESTMENT OPPORTUNITY*
Auction Details
30 November 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.