PRIME NEW LISTING. We are excited to present a commercial portfolio comprising of 2 large units located within a prime location of Stirling. **Potential Gross Yield of 16% at Guide price.**
Property is being offered at great price. One of the Units is tenanted at £8,000 per annum while the other is vacant with a rental potential of £10,000 - £14,000 per annum.
The property is being offered at a fantastic price to ensure quick sale and should appeal to investors looking for a commercial portfolio with excellent upside potential.
The mobile phone repair shop is tenanted at £8,000 per annum for 5 years. Potential for increase to £10,000. The vacant unit has rental potential of £10,000 - £14,000 per annum. Potential Gross Yield of 16% at Guide price.
Situated in a sought-after location, this property is an excellent investment for a shrewd investor seeking a turnkey commercial venture with significant potential for rental and capital growth. Benefits from High footfall.
PRIME NEW LISTING. We are excited to present a commercial portfolio comprising of 2 large units located within a prime location of Stirling. **Potential Gross Yield of 16% at Guide price.**
Instant Cashflow investment with great upside potential.
The mobile phone repair shop is currently tenanted at £8,000 per annum on a 5 year lease. There is great potential for rental increase. Property extends to 807 sq ft (75.01 sqm) and has a rateable value of £7,900, which qualifies for small business rates relief.
The unit comprises. Large Open plan sales area with 2 offices. Property benefits from large frontage and is situated on a street with high footfall.
The vacant unit was previous tenanted at £10,000 per annum and has vast potential. The rental potential of the vacant unit is £10,000 - £14,000 per annum. It has previously been used as offices and has a variety of options open to it. It could be leased as an office space, a physio therapist unit, Aesthetics and beauty services, Wellness/relaxation spaces. With the size of this unit it has potential to be used as a Co-working space also.
Once the vacant unit is tenanted the property has a gross rental income potential of £20,000 - £24,000. This means that the property has the potential to provide a gross rental yield of 13.3% - 16%.
Property extends to 988.45 sq ft (91.8 sqm) and has a rateable value of £7,200, which qualifies for small business rates relief.
Situated in a sought-after location, this property is an excellent investment for a shrewd investor seeking a turnkey commercial venture with significant potential for rental and capital growth. Benefits from High footfall.
The property is being offered at a fantastic price to ensure quick sale and should appeal to investors looking for a commercial portfolio with excellent upside potential.
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.
Location
Stirling is a historic city renowned for its rich heritage and strategic importance. It offers a perfect blend of traditional and modern amenities, making it an attractive destination for both business and leisure. The city’s central location provides excellent connectivity and vibrant economic opportunities.
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.
Play Video: 36 Cowane Street, Stirling, FK8 1JR