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: 14 August 2025
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 2% of Sale Price (Min £3250 +vat)
INCOME PRODUCING INVESTMENT* Ground floor retail unit with basement. Prime City Centre Location. TENANTED Held on a FRIL with 4 years unexpired currently producing £25,000 per annum. The property is held on a full repairing and insuring head lease to Adams Watch Specialists Ltd expiring September 2029 at a passing rent of £25,000p.a. The property has been calculated to extend to the following area; Ground: 48.49sqm (522sq ft) Basement: 33.17sqm (357sq ft) Total: 81.66sqm (879sq ft) Internally the property is beautifully presented with an open plan layout. Tea prep area, w.c facilities and stores are also within the property to the rear along with a basement. IDEAL LOCATION Occupiers in the vicinity include Primark, Barclays, HMV, Poundland, KFC and Lakeland. A Travelodge is close by as are a number of bars and restaurants
Auction Details
14 August 2025, 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: 2% of Sale Price (Min £3250 +vat)
INCOME PRODUCING INVESTMENT* Ground floor retail unit with basement. Prime City Centre Location. TENANTED Held on a FRIL with 4 years unexpired currently producing £25,000 per annum. The property is held on a full repairing and insuring head lease to Adams Watch Specialists Ltd expiring September 2029 at a passing rent of £25,000p.a. The property has been calculated to extend to the following area; Ground: 48.49sqm (522sq ft) Basement: 33.17sqm (357sq ft) Total: 81.66sqm (879sq ft) Internally the property is beautifully presented with an open plan layout. Tea prep area, w.c facilities and stores are also within the property to the rear along with a basement. IDEAL LOCATION Occupiers in the vicinity include Primark, Barclays, HMV, Poundland, KFC and Lakeland. A Travelodge is close by as are a number of bars and restaurants
Auction Details
14 August 2025, 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.