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Property

Auction
Property
Added > 14 days

Features and description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted
  • AUCTION DATE: 05 September 2024
The subjects comprise a prominent ground floor retail unit forming part of a larger three storey mid terrace retail parade. The subjects are Grade B listed, which will therefore benefit from Listed Buildings relief when vacant. Internally the subjects provide open-plan retail accommodation to the front and rear together with ancillary/staff accommodation complete with a W.C. The subjects have operated as a Ladbrokes since December 2001 and have not to exercise their Tenant Only Break Options in 2020. 8-10 Cadzow Street, Hamilton Let to Ladbrokes Betting and Gaming Ltd. FR&I Lease Reversion 27th May 2028 5 yearly upward only Rent Reviews with the next 21st December 2026 Investment let at £17,000 per annum.

Auction Details
05 September 2024, 10am-3pm
Timed Online Auction

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Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
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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.
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