Property for sale
Key information
Property description & features
- Prime Property Auctions is excited to bring to market this exceptional Commercial Opportunity located within a prime location in Cambuslang. *Guide of £85,000*
- Currently run as a popular Chinese restaurant, this versatile space, adaptable for a range of businesses, the property is sure to appeal to investors looking for investment opportunity in sought afte
- Rental could achieve £1250pm- 1666 pm, (£15,000 - £20,000 pa) which could attract an excellent 17%- 23.5% gross yield if achieved for the guide price of £85,000. Rateable Value £12,300
- Property will be sold vacant. Class 3. FOOD, DRINK & ALCOHOL License on the premises. Ample parking space at the rear of the property.
- Presents an exceptional opportunity due to its high daily foot traffic and frequent passerby.
- Prime Property Auctions is excited to bring to market this exceptional Commercial Opportunity located within a prime location in Cambuslang. *Guide of £85,000*
- Currently run as a popular Chinese restaurant, this versatile space, adaptable for a range of businesses, the property is sure to appeal to investors looking for investment opportunity in sought after locale.
- Rental could achieve £1250pm- 1666 pm, (£15,000 - £20,000 pa) which could attract an excellent 17%- 23.5% gross yield if achieved for the guide price of £85,000. Rateable Value £12,300
- Property will be sold vacant. Class 3. FOOD, DRINK & ALCOHOL License on the premises. Ample parking space at the rear of the property.
- Presents an exceptional opportunity due to its high daily foot traffic and frequent passerby.
Prime Property Auctions is excited to bring to market this exceptional Commercial Opportunity located within a prime location in Cambuslang. *Guide of £85,000*
Currently run as a popular Chinese restaurant, this versatile space, adaptable for a range of businesses, the property is sure to appeal to investors looking for investment opportunity in sought after locale.
Occupants will vacant upon property sale. Ample parking space at the rear of the property.
Rental could achieve £1250pm- 1666 pm, (£15,000 - £20,000 pa) which could attract an excellent 17%- 23.5% gross yield if achieved for the guide price of £85,000. Rateable Value £12,300
Property comprises: Stairway entry, Large reception area, Spacious dining area, Bar, Kitchen, 2 WC's, Ample Storage Space.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Cambuslang, located in South Lanarkshire, offers an enticing investment opportunity with its strategic position and potential for development. As a historic town with a strong industrial heritage, Cambuslang boasts a diverse economy and a growing population. Its proximity to Glasgow and excellent transport links make it an attractive location for businesses and commuters. Investors can capitalise on Cambuslang's expanding housing market, support for local businesses, and infrastructure projects to drive economic growth. Additionally, the town's amenities, green spaces, and cultural attractions create opportunities for leisure and recreation ventures. Investing in Cambuslang promises to yield both financial returns and contribute to the continued prosperity and vitality of the town as a key player in Scotland's economic landscape.
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*DISCLAIMER
Property reference 198180154. 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 Prime Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on March 29, 2024
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 March 29, 2024
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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