Property for sale
Property description & features
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 02 May 2024
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
The property forms a ground floor commercial class 3 cafe set within a larger 4 storey sandstone tenemental development surmounted by a pitched roof. The property benefits from a prominent frontage secured by an aluminium roller shutter with dual display windows flanking the centrally located single door entrance. Internally the property is presented in an open plan layout with partitions to the rear forming kitchen, store and w.c. facilities. At the time of going to print, the property is undergoing extensive renovations by the tenant upgrading the fixtures and fittings. The property has been calculated to extend to the following internal area; Ground: 76.64sqm (825sq ft) The property is held on a full repairing and insuring head lease on the following terms; Tenant: Real Wan Ltd Expiry: 17th January 2034 Passing Rent: £12,000per annum Rent Review: 5th Anniversary Use: Class 3 Cafe Personal Guarantee from the tenant Further: The tenant already trades from another unit close by and requires larger space for their business. NAV/RV - £9,700 The property qualifies for rates exemption under the small business bonus scheme
Auction Details
02 May 2024, 10am-3pm
Timed Online Auction
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Property reference 13136614. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Future Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on September 15, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on September 15, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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