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MapGuide price
£75,000Property for sale
Burnbank Cross, Hamilton ML3
Auction
Property
Features and description
- Commercial Investment property let to *WILLIAM HILL BOOKMAKERS*
- * Let for £12,500 per annum* Massive 16.66% Rental Yield*
- *brand new 15 year lease (2024)*
*We are pleased to offer for sale this attractive retail investment property, currently let to William Hill on a secure long-term lease an excellent opportunity for investors or owner-occupiers looking to acquire a well-positioned commercial asset in Hamilton.*
*Investment Potential*
This property represents an ideal plug-and-play" investment: a national operator already in place under a long lease. For investors seeking a stable income stream with minimal management responsibility, this offers a simple, low-maintenance solution.
*Location & Accessibility*
The unit is located in Burnbank, Hamilton a well-recognised neighbourhood centre with easy access to transport links, local amenities, and surrounding suburbs.
The surrounding retail environment and community-oriented catchment make the site well-suited to sustained trading or long-term investment.
Commercial Investment property let to *WILLIAM HILL BOOKMAKERS* 100% prime national tenant* Let for £12,500 per annum* Massive 16.66% Rental Yield*Commercial Investment Opportunity*BRAND NEW 15 YEAR LEASE (2024)*
*RARE OPPORTUNITY TO ACQUIRE 100% PRIME PROPERTY* Popular location within sought after local parade*
*ESTABLISHED LOCAL PARADE---- Nearby Occupiers include: Ladbrokes, Subway, Boots, Medical centre, Rowlands pharmacy, Convenience store*
Well Let commercial property investment* Excellent affordable lot size* Tenant Been in occupation for many years* Brand New 15 Year lease to National Tenant*
The area is a very popular spot with a number of well known national retailers and local independents taking advantage of the local catchment population*
LET Commercial Investment producing an annual income of £12,500 per annum *FULL Details in Legal Pack*
* High Yield of 16.66% at QUOTED SALE PRICE* very low price to ensure quick sale* Commercial Investment Opportunity*BRAND NEW 15 YEAR LEASE (2024)* Let to William Hill bookmakers at ac rent of £12,500 per annum* POPULAR LOCAL PARADE OF SHOS with nearby occupiers including but not limited to: Ladbrokes, Boots, Rowlands pharmacy, Subway sandwich shop & Convenience store*Hamilton with a resident population of circa 55,000 is one of the main urban & retail destinations in South Lanarkshire where the greater population is in the region of 300,000 residents. The property being sold is held on a long leasehold title. The ground lease expires in over 75 year time (2100). The freeholder is South Lanarkshire Council. The annual ground rent payable is £1,500 per annum Full details are within the legal pack.* New owners could look to acquire the freehold interest in the site from the council upon completion of acquisition. This could increase the value of the property substantially for only a nominal amount* GREAT ASSET MAANAGEMENT POTENTIAL* HIGH YIELDING OPPORTUNITY LET TO NATIONAL TENANT*
GUIDE PRICE: £75,000
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
*Investment Potential*
This property represents an ideal plug-and-play" investment: a national operator already in place under a long lease. For investors seeking a stable income stream with minimal management responsibility, this offers a simple, low-maintenance solution.
*Location & Accessibility*
The unit is located in Burnbank, Hamilton a well-recognised neighbourhood centre with easy access to transport links, local amenities, and surrounding suburbs.
The surrounding retail environment and community-oriented catchment make the site well-suited to sustained trading or long-term investment.
Commercial Investment property let to *WILLIAM HILL BOOKMAKERS* 100% prime national tenant* Let for £12,500 per annum* Massive 16.66% Rental Yield*Commercial Investment Opportunity*BRAND NEW 15 YEAR LEASE (2024)*
*RARE OPPORTUNITY TO ACQUIRE 100% PRIME PROPERTY* Popular location within sought after local parade*
*ESTABLISHED LOCAL PARADE---- Nearby Occupiers include: Ladbrokes, Subway, Boots, Medical centre, Rowlands pharmacy, Convenience store*
Well Let commercial property investment* Excellent affordable lot size* Tenant Been in occupation for many years* Brand New 15 Year lease to National Tenant*
The area is a very popular spot with a number of well known national retailers and local independents taking advantage of the local catchment population*
LET Commercial Investment producing an annual income of £12,500 per annum *FULL Details in Legal Pack*
* High Yield of 16.66% at QUOTED SALE PRICE* very low price to ensure quick sale* Commercial Investment Opportunity*BRAND NEW 15 YEAR LEASE (2024)* Let to William Hill bookmakers at ac rent of £12,500 per annum* POPULAR LOCAL PARADE OF SHOS with nearby occupiers including but not limited to: Ladbrokes, Boots, Rowlands pharmacy, Subway sandwich shop & Convenience store*Hamilton with a resident population of circa 55,000 is one of the main urban & retail destinations in South Lanarkshire where the greater population is in the region of 300,000 residents. The property being sold is held on a long leasehold title. The ground lease expires in over 75 year time (2100). The freeholder is South Lanarkshire Council. The annual ground rent payable is £1,500 per annum Full details are within the legal pack.* New owners could look to acquire the freehold interest in the site from the council upon completion of acquisition. This could increase the value of the property substantially for only a nominal amount* GREAT ASSET MAANAGEMENT POTENTIAL* HIGH YIELDING OPPORTUNITY LET TO NATIONAL TENANT*
GUIDE PRICE: £75,000
To view legal documents for all properties, and to register for our online auctions please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup / Special Conditions in the Legal pack to confirm.
About this agent
Online Property Auction Group are revolutionizing the way buyers and sellers engage in the property market. Offering a fast, transparent, and accessible platform, our auctions provide an innovative alternative to traditional property transactions. Whether you're a seasoned investor or a first-time buyer, Online Property Auction Group eliminate the need for lengthy negotiations and streamline the entire process, allowing participants to bid from the comfort of their own homes. With the UK diverse property market — from bustling city apartments to serene countryside estates — Online Property Auction Group open up a world of opportunity, making it easier than ever to secure your ideal property.