Tenanted Commercial Investment Property

RARE PURCHASE OPPORTUNITY. Popular bar premises located on a busy high street, well-known locally as Bar 20:10. The property comprises a main bar area with ample seating, male and female toilets, and a cellar with excellent storage space. The property is currently tenanted on a Full Repairing & Insuring (FRI) lease until 2036, with a current rent of £15,000 per annum (£1,250 per month), offering a potential yield of approximately 16%. The longstanding tenant is looking to wind down the current business, offering an opportunity for the new owner to re-tenant or consider converting for a variety of different uses (subject to planning). The property is situated in an excellent trading position on Johnstone High Street, which hosts a variety of business types supporting local retail and service sectors. Johnstone is a strategic shopping centre with good transport links via rail and road. The property is an ideal addition to any portfolio, offering a prime investment opportunity with a potential rental income of £16,000 per annum.