Commercial investment Opportunity situated within a bustling high street located in Airdrie *MASSIVE POTENTIAL YIELD* Guide price £65,000.
Property benefits from a rateable value of £11,700, benefiting from small business rates relief.
Prime Opportunity for Commercial investors looking for a property in an excellent location with high yield potential. Sure to appeal to investors looking for an affordable commercial investment opportunity.
Property requires refurbishment to benefit from full utility. Excellent opportunity for a shrewd investor to add value to property. Sure to appeal to investors/owner occupiers looking for an affordable commercial property they can put their own stamp on.
Sure to appeal to tenants such as mobile phone repair shops, vape shops, barbers or a small toy shops. Subject to any necessary planning and permissions. Sure to appeal to a variety of buyers.
For rental purposes, the property could potentially attract a rental income of £650 - £720 per month, which would provide an excellent 12% - 13.3% GROSS YIELD if achieved for the guide price of £65,000 - ***HIGH YIELD POTENTIAL***
Location
Airdrie is a vibrant town in North Lanarkshire, Scotland, located approximately 12 miles east of Glasgow. Airdrie has evolved into a modern urban centre while retaining much of historical charm. Well-connected by road and rail, Airdrie offers convenient access to Glasgow and other nearby towns and cities, making it an ideal location for commuters. The town's strong sense of community, coupled with its amenities and accessibility, makes Airdrie a desirable place to live, work, and visit.
South Bridge Street is a bustling throughfare that captures the essence of Airdrie, this North Lanarkshire town. Airdrie is a blend of historical charm and modern convenience, reflecting rich industrial heritage and contemporary development. South Bridge Street benefits from large footfall from local businesses, shops alongside enterprising constructions. This combination provides a vibrant and dynamic atmosphere, attracting both residents and visitors.
Accommodation
Property comprises: Main Service Area, office space towards the rear, toilet and WC. Property benefits from ample storage space.
Terms
Guide Price - £65,000
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Specification
- Commercial investment Opportunity situated within a bustling high street located in Airdrie *MASSIVE POTENTIAL YIELD* Guide price £65,000
- Prime Opportunity for Commercial investors looking for a property in an excellent location with high yield potential. Sure to appeal to investors looking for a rare commercial investment opportunity. ***SMALL BUSINESS RATES RELIEF***
- For rental purposes, the property could potentially attract a rental income of £650 - £720 per month, which would provide an excellent 12% - 13.3% GROSS YIELD if achieved for the guide price of £65,000 - ***HIGH YIELD POTENTIAL***
- Property requires refurbishment to benefit from full utility. Sure to appeal to tenants such as mobile phone repair shops, vape shops, barbers or a small toy shops. Subject to any necessary planning and permissions. Sure to appeal to a variety of buyers.
- Property could achieve £7,800 - £8,640 per annum generating an impressive commercial yield between 12% and 13.3%. Property is located on a busy high street location in Airdrie benefiting from large footfall