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614 Dalmarnock Road, Glasgow, G40 4NN

Guide Price

£115,000

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Guide Price

£115,000

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Commercial

retail

shop

Occupied

614 Dalmarnock Road, Glasgow, G40 4NN

Rare Tenanted Commercial Unit

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Description

  • PRIME NEW LISTING. We are excited to present this tenanted commercial property located within a prime location in Glasgow. HOT FOOD LICENCE.

  • The property currently generates an impressive income of £12,000 per annum. This offers a 10% gross yield if bought at the guide price. Substantial-sized land at the rear of the property.

  • The property currently generates an impressive income of £12,000 per annum. This offers a 10% gross yield if bought at the guide price. Substantially sized land at the rear of the property.

  • This tenanted commercial property presents a perfect opportunity for the astute investor. With 16 years remaining on the lease, it offers a hassle-free investment that yields passive income from day one.

  • Situated on a bustling main road, this property benefits from excellent visibility and substantial footfall. Its proximity to the city centre and superb transport links further enhance its appeal. Additionally, with a rateable value of £5,200, it qualifies for low-rate relief, making it a cost-effective investment option.

PRIME NEW LISTING. We are excited to present this tenanted commercial property located in a prime location in Glasgow. HOT FOOD LICENCE.

The property comprises a welcoming entrance, a spacious catching area, a versatile back room, a well-appointed toilet, and a large plot of land at the rear.

The property currently generates an impressive income of £12,000 per annum. This offers a 10% gross yield if bought at the guide price. Substantial-sized land at the rear of the property.

This tenanted commercial property presents a perfect opportunity for the astute investor. With 16 years remaining on the lease, it provides a hassle-free investment yielding passive income from day one.

Situated on a bustling main road, this property benefits from excellent visibility and substantial footfall. Its proximity to the city centre and superb transport links further enhance its appeal. Additionally, with a rateable value of £5,200, it qualifies for low-rate relief, making it a cost-effective investment option.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase 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

Glasgow is Scotland's largest city, renowned for its rich history, vibrant cultural scene, and thriving business environment. With excellent transport connections and a diverse array of amenities, it offers an attractive setting for both residential and commercial investments.

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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)

£17,500

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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.