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Attractive Commercial Opportunity, 242 Hamilton Road, Cambuslang, G72 7PF

not specified / Retail / Mixed Use

For Sale - £85,000.00

Available - Last updated: 18 April 2024

Exceptional Commercial Opportunity located within a prime location in Cambuslang. ***Guide of £85,000***

Currently run as a popular Chinese restaurant, this versatile space, adaptable for a range of businesses, the property is sure to appeal to investors looking for investment opportunity in sought after locale.

Occupants will vacant upon property sale. Ample parking space at the rear of the property. 

Rental could achieve £1250pm- 1666 pm, (£15,000 - £20,000 pa) which could attract an excellent 17%- 23.5% gross yield if achieved for the guide price of £85,000. Rateable Value £12,300

Location

Cambuslang, located in South Lanarkshire, offers an enticing investment opportunity with its strategic position and potential for development. As a historic town with a strong industrial heritage, Cambuslang boasts a diverse economy and a growing population. Its proximity to Glasgow and excellent transport links make it an attractive location for businesses and commuters. Investors can capitalise on Cambuslang's expanding housing market, support for local businesses, and infrastructure projects to drive economic growth. Additionally, the town's amenities, green spaces, and cultural attractions create opportunities for leisure and recreation ventures. Investing in Cambuslang promises to yield both financial returns and contribute to the continued prosperity and vitality of the town as a key player in Scotland's economic landscape.

Accommodation

Property comprises: Stairway entry, Large reception area, Spacious dining area, Bar, Kitchen, 2 WC’s, Ample Storage Space.

Terms

Guide Price - £85,000

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

  • Exceptional Commercial Opportunity located within a prime location in Cambuslang. ***Guide of £85,000**
  • Currently run as a popular Chinese restaurant, this versatile space, adaptable for a range of businesses, the property is sure to appeal to investors looking for investment opportunity in sought after locale.
  • Rental could achieve £1250pm- 1666 pm, (£15,000 - £20,000 pa) which could attract an excellent 17%- 23.5% gross yield if achieved for the guide price of £85,000. Rateable Value £12,300
  • Property will be sold vacant. Class 3. FOOD, DRINK & ALCOHOL License on the premises. Ample parking space at the rear of the property. 
  • Presents an exceptional opportunity due to its high daily foot traffic and frequent passerby.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £85,000.00 NA

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Contact agents

John Morris & Luis Guarin

Prime Property Auctions

0141 538 0212

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