PRIME NEW LISTING. We are excited to present this vacant commercial property with planning permission for conversion to two one-bedroom flats, located in a prime location in Shotts.
This property presents a unique opportunity with full planning permission for conversion from commercial units into two charming one-bedroom flats. Planning Ref:21/02259/NCC.
An ambitious investor will find this property appealing for both immediate rental income and long-term capital growth. Additionally, those looking to build their dream home with potential for customisation, subject to necessary approvals, will find it equally enticing.
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.
Location
Shotts is a vibrant community located in North Lanarkshire, Scotland. It offers a blend of urban convenience and picturesque surroundings. With excellent transport links to both Glasgow and Edinburgh, Shotts is a desirable location for commuters. The town provides a variety of local amenities including shops, schools, and recreational facilities, making it an ideal choice for both residents and investors.
Accommodation
91 Sq Ft
Terms
Guide Price - £75,000
Once developed, these flats could achieve an attractive rental income, estimated at £550 to £600 per month per flat, which totals to a potential combined income of £1,100 to £1,200 monthly.
The property has a rateable value of £4,350, which would benefit from low-rate relief.
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.