Back to Future Property Auctions
Tenanted Commercial Investment Property
Helensburgh, G84 - Get Access
Description
SUPER INVESTMENT OPPORTUNITY*** Retail Unit in in EXCELLENT TRADING POSITION. Currently LET to Morrisons on FRI Lease at £30,000 Per annum with 8.5 years remaining.
SUPER TRADING POSITION *** with highly visible frontage. HIGH volumes of passing trade.
NO VAT*** PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** with excellent yield producing £30,000 per annum
The property occupies a prominent pitch on West Princes Street, one of Helensburgh’s main retailing thoroughfares.
Helensburgh is an affluent and prosperous community situated on the Firth of Clyde, some 30 miles north west of Glasgow and is one of the principal towns in Argyll & Bute.
Tenancy Details:
Type of Agreement: Full Repairing & Insuring (FRI)
Length: 8.5 years left on lease
Rent: £30,000 per year / £2,500 per month
Yield: 8% (approx)
Tenant: Company
Notes: Let to Morrisons.
Maps & Location
The property occupies a prominent pitch on West Princes Street, one of Helensburgh’s main retailing thoroughfares. The surrounding area consists of a blend of residential and commercial occupiers.
Helensburgh is an affluent and prosperous community situated on the Firth of Clyde, some 30 miles north west of Glasgow and is one of the principal towns in Argyll & Bute.
Terms & Conditions of Sale:
10% Deposit (Minimum £3,000)
Standard Completion (Unless specified differently in any Special Conditions of Sale)
Buyers Fee = 1% of Sale Price (Minimum £3,250 + vat)
Comparable sales
No comparables available.