51 South Bridge Street, Airdrie, Lanarkshire, ML6 6JH

  • Unconditional Online Auction Sale
  • Guide Price* : £39,000

SALE BY ONLINE AUCTION THURSDAY 29TH JULY 2021 AT 9.00AM. Tenanted commercial unit in Airdrie Town Centre. Currently leased to Hairdresser / Beautician with rental income of £500 per month (£6,000 per annum) - since November 2018. Superb investment opportunity for the right buyer.

Description

SALE BY ONLINE AUCTION THURSDAY 29TH JULY 2021 AT 9.00AM.

· Excellent Opportunity to purchase Tenanted commercial unit located in BUSY Airdrie Town Centre. ***Currently Let at £500pcm (£6000 per annum) ***to a Hairdresser / Beautician*** Tenant been in occupation since November 2018***

· Being sold with the benefit of existing tenant in situ*** New 5 Year commercial lease agreed at £6,000 per annum*** No Break Option*** BEEN In Same Ownership since 1998 Over 22 Years*** Was previously acquired for £72,000*** CURRENT OWNERS MUST SELL PROPERTY IN AUCTION***

· 65 South Bridge St Sold £206k (March 2017)***75 South Bridge St Sold £280k (Jan 2017)***38 South Bridge St Sold £67k (July 2020)*** 13 Stonefield St Sold £90k (Nov 2020)***

· Great Location on Airdrie's thriving shopping thoroughfare in close proximity to a number of national retailers and a plethora of boutique local stores.

· Central commercial and retail core of Airdrie*** Well-positioned property within established commercial location***

Excellent Opportunity to purchase a tenanted commercial property in busy Airdrie Town Centre. Currently let for £6000 per annum to individual tenant trading as a hairdresser / beautician*** The tenant and landlord have agreed to a new commercial lease at £500 pcm / £6000 per annum. This new lease has not been signed. However, full details can be found within the legal pack…. Prospective purchasers should satisfy themselves regarding all tenancy documents…**** Current tenant has been in occupation since November 2018*** High Yielding Commercial Investment Opportunity*** VERY ATTRACTIVE GUIDE PRICE TO ENSURE AUCTION SALE*** Airdrie is located only 10 miles to Glasgow City Centre with a residential population of estimated around 40,000. Coatbridge is 5 miles east. Road links into the area are available via the M8/A8, M73 to the west and the M74 leading towards the south. High visibility UNIT in town centre location with high volumes of passing traffic. Airdrie is a popular town in North Lanarkshire, located in Scotland's Central Belt. There is a busy town centre with a pedestrianised precinct and ample parking, and a wide range of retailers.***AUCTIONEERS COMMENT: Attractive High yielding commercial investment opportunity in popular commuter town. We expect strong interest from professional investors***

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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.

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