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: 27 June 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
TENANTED INVESTMENT OPPORTUNITY* Public House currently LET on FRI LEASE until 11th January 2034 at £20,000 PER ANNUM located within BUSY Coatbridge TOWN CENTRE.SUBSTANTIAL ground floor public house. The property has been extended over the years with 2 extensions including conservatory style extension leading to the outdoor garden. Licensed Premises. Internally the property is well presented with an open plan seating area at the entrance with a corridor leading to the main bar centrally located within the property along with open plan dance floor, dj booth, w.c facilities, cellar, stores and office. The property is held on a full repairing and insuring head lease on the following terms; Tenant: 24SJS Ltd Expiry: 11th January 2034 Rent: £20,000p.a. From 12th January 2027: £23,000p.a. From 12th January 2030: £26,000p.a. VAT FREE INVESTMENT* Unit extends to approx. 2,171sq ft (201.7sqm). Nearby occupiers include Asda, Semichem, RBS, Subway and Boots pharmacy. EXCELLENT TRADING LOCATION* Situated on the east side of St John Street between its junctions with Muiryhall Street and Main Street within Coatbridge town centre.
Auction Details
27 June 2024, 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)
TENANTED INVESTMENT OPPORTUNITY* Public House currently LET on FRI LEASE until 11th January 2034 at £20,000 PER ANNUM located within BUSY Coatbridge TOWN CENTRE.SUBSTANTIAL ground floor public house. The property has been extended over the years with 2 extensions including conservatory style extension leading to the outdoor garden. Licensed Premises. Internally the property is well presented with an open plan seating area at the entrance with a corridor leading to the main bar centrally located within the property along with open plan dance floor, dj booth, w.c facilities, cellar, stores and office. The property is held on a full repairing and insuring head lease on the following terms; Tenant: 24SJS Ltd Expiry: 11th January 2034 Rent: £20,000p.a. From 12th January 2027: £23,000p.a. From 12th January 2030: £26,000p.a. VAT FREE INVESTMENT* Unit extends to approx. 2,171sq ft (201.7sqm). Nearby occupiers include Asda, Semichem, RBS, Subway and Boots pharmacy. EXCELLENT TRADING LOCATION* Situated on the east side of St John Street between its junctions with Muiryhall Street and Main Street within Coatbridge town centre.
Auction Details
27 June 2024, 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.