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Guide Price

£275,000

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18-20 Newtown Street, Kilsyth, Glasgow, G65 0LY

Commercial

industrial

Vacant

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Deadline for offers

6 days left

Excellent Development Opportunity

Description

  • PRIME NEW LISTING. We are excited to present this large commercial premises - an excellent development opportunity located within a prime location in Kilsyth, Glasgow. REF 23/00670/FUL

  • **With its sought-after and rarely available location, this property is certain to attract investors eager to secure a foothold in such a

    desirable area

    . Opportunities like this, in locales with proven demand, are few and far between.**

  • This exceptional property offers a

    versatile arrangement

    that would lend itself brilliantly for a variety of commercial uses. It's sure to appeal to savvy investors and owner-occupiers looking for a noteworthy space to make their own.

  • This excellent development potential,

    subject to gaining the necessary planning consents

    , is sure to captivate shrewd investors or developers aiming to create a unique commercial investment opportunity.

  • An unmissable opportunity for commercial investors aiming to acquire a large yet affordable premises. The property boasts fantastic development potential and is ready for an investor or developer to revitalise and bring back to life.

PRIME NEW LISTING. We are excited to present this large commercial premises - an excellent development opportunity located within a prime location in Kilsyth, Glasgow. REF 23/00670/FUL

The property comprises a vacant space with an expansive internal layout, providing a blank canvas for development and customisation.

Approx:25,080 sq ft

This exceptional property offers a versatile arrangement that would lend itself brilliantly for a variety of commercial uses. It's sure to appeal to savvy investors and owner-occupiers looking for a noteworthy space to make their own.

Potentially excellent opportunity for serviced accommodation, with rates for 2 bed properties in the area starting from around £150 per night (subject to gaining necessary planning consents) At

70% occupancy per month

, each unit could achieve

£150 per night (£38,3250 p/a)

which would generate an incredible gross yield if secured at the guide.

Across 15 units

, that's an incredible

£574,875!

This excellent development potential, subject to gaining the necessary planning consents, is sure to captivate shrewd investors or developers aiming to create a unique commercial investment opportunity.

An unmissable opportunity for commercial investors aiming to acquire a large yet affordable premises. The property boasts fantastic development potential and is ready for an investor or developer to revitalise and bring back to life.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**With its sought-after and rarely available location, this property is certain to attract investors eager to secure a foothold in such a desirable area. Opportunities like this, in locales with proven demand, are few and far between.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Kilsyth, Glasgow

Kilsyth is a charming town nestled in the central belt of Scotland, offering a blend of rich history and modern living. Known for its welcoming community, the area provides excellent transport links to Glasgow and beyond, making it a sought-after location for both residential and commercial interests.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£37,400

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.

Special condition of sale: buyers will be responsible for both sellers' fee and legal costs