SALE BY ONLINE AUCTION 6TH AUGUST 2020 AT 9,00AM. We are delighted to bring to market this turnkey retail premises in Stirling City Centre. Immediately income producing commercial property, premises are currently let on a five year lease from June 2020 with annual income of £7,950 per annum.
· Outstanding opportunity to acquire a high yielding boutique clothes retailer in the heart of Stirling City Centre ***Immediately Income Producing*** Let on a 5 Year Lease (June 2020) at £7950 per annum***
· Excellent Turnkey Income producing investment**Tenant is re-fitting the premises and this will be a flagship boutique retailing premises ***Immediate 12.2% Rental Return at Guide Price*** This property is sure to be of interest to private & Professional investors alike***
· ***44B Baker Street Sold £133k (Oct 19)**23a Baker Street Sold £75k (Aug 19)** 53A Baker Street Sold £74k (July 19)**72C Baker Street Sold £139k (June 19)** 24A Baker Street Sold £70k (Feb 19)***8B Baker Street Sold £85k (10/18)***Very Low Price to Ensure Sale for current owners*
· This fabulous property is located in The Vibrant Stirling City Centre***Near Stirling Castle & Opposite Brewdog Public House***Amazing footfall from Stirling University (Circa 11,000 students) with increasing numbers of Foreign Students***
· Ideally located in the city centre of Stirling***Near to Stirling Train Station & The Thistle’s Shopping Centre*** Great Motorway Network linking Stirling to Glasgow (26 Miles) & Edinburgh (37 Miles)*** Sure to Attract Substantial Interest From Investors alike)
***100% Prime Central Stirling Position***Heart of City Centre** This fantastic Investment property is circa 420 sq ft and is excellently positioned***Incredible tenant demand for the property prior to leasing**Central Position close to Stirling Castle, Shopping Centres, Train Station***Stirling University is a popular and growing institution with Stirling University which having a tie in with Singapore’s NYP University*** Fabulous & Prominent location**Exciting High Yielding investment opportunity***Circa 12.2% Rental Return at Guide Price***Immediately income producing*** Turnkey Investment*** Discounted Guide Price to Ensure auction sale*** NEAR TRAIN STATION and Excellent City Centre Location***Well placed for a wide range of amenities & excellent retail shopping facilities. Minutes from Stirling train station with excellent transport links to Edinburgh & Glasgow*** Not to be missed by professional investors***
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
This auction lot is now closed.
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