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No longer on the market

This property is no longer on the market

Garage

Auction
Garage
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Highly sought after, residential area
  • Immediate rental income of £100 per month giving a yield of 12%
  • Turnkey Investment
FOR SALE BY ONLINE AUCTION THURSDAY 11TH JANUARY 2024 AT 9.00AM. Rare opportunity to purchase a tenanted lock up/storage garage in Glasgow's popular Cardonald area. An Amazing investment opportunity in a sought after, residential area with an immediate rental income of £100 per month, giving a yield of 12%.

Online Property Auctions Scotland are delighted to offer this tenanted, well-sized lock up/storage garage in the sought after area of Cardonald. The premises, located behind a popular local shopping parade, is 4.8m x 2.5m in size.

The garages are located behind a parade of local shops within the residential district of Cardonald, Glasgow. The garage offers a rare and a high yielding opportunity. Immediate rental income of £12,00 per annum.

Located in Glasgow's southside, Cardonald is a highly sought area and densely populated district, with a mix of housing and retail shops but with a shortage of available secure parking and storage facilities. The area boasts a huge range of amenities including schools, shops, cafes and restaurants. The area further benefits for having excellent transport links, including Cardonald train station, which provides a quick link to Glasgow city centre.

Highly sought after, residential area
Outstanding investment opportunity
Immediate rental income of £100 per month
Yield of 12%
Rarely brought to auction
Huge variety of amenities nearby

This is a unique opportunity seldom seen for sale in Glasgow. We expect substantial interest from nearby homeowners, shopkeepers and professional investors & developers.

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Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/Special Conditions in the Legal pack to confirm.

All prices quoted are exclusive of VAT.

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