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Retail Investment Opportunity, Units 1-6 The Clachan, Clachan of Campsie, G66 7AB

320 to 2,021 Sq Ft / Retail / General Retail

For Sale - £300,000.00

Available - Last updated: 21 September 2021

The shops are situated in a ‘B’ Listed part two storey and attic and part single storey building of some character and appearance, the original section of which dates back to 1833 and known originally as the “Lairds House”.

For the avoidance of doubt the upper floor flat is excluded from the sale.

The building was converted some years ago into a total of four self-contained commercial units on the ground floor comprising of three shops and a coffee shop/café and gallery.

The title area to the subjects includes a common interest in a large area of level ground immediately to the front of the building comprising a slabbed forecourt and side car park. There is also an area of common garden to the rear of the building. The plan attached shows the extent of the subjects.

Location

The subjects occupy a most attractive rural/village setting at the foot of the Campsie Hills and Campsie Glen in the small but expanding hamlet of Clachan of Campsie – an area very popular with walkers, cyclists and visitors from in and around the surrounding areas.

Clachan of Campsie lies approximately 1.8 miles west of Lennoxtown and some 3.6 miles east of Strathblane in East Dunbartonshire and is accessible from Crosshouse Road of the A891.

Immediate surrounding properties comprise an attractive mixture of varying styles of housing and the village benefits from a regular bus service to and from Glasgow City Centre. Construction has recently commenced of 6 new houses to the east of the title area.

Accommodation

Units 1 & 2 - 943 sq ft

Unit 3 - 391 sq ft

Unit 4 - 367 sq ft

Unit 5 - 320 sq ft

Terms

ENERGY PERFORMANCE CERTIFICATES - All properties have been assessed for energy performance and currently have the undernoted energy ratings:-

Units 1 & 2 - G

Unit 3 - G

Unit 4 - F

Unit 5 - G

PRICE/OFFERS - Offers in excess of £300,000 are invited to purchase our client’s outright ownership in the subjects with the benefit of the various lease agreements. This level of price provides a gross yield of 9% and a net yield of 8.82% after deduction of normal purchaser’s costs.

Specification

  • Small parade of four retail units including café/gallery
  • Easily managed portfolio with 100% occupancy
  • Attractive, local & popular village location David Allison&Company Chartered Surveyors
  • Current total rental income £27,250 per annum
  • Offers in excess of £300,000 invited (Net yield 8.82%)

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in excess of For Sale Freehold £300,000.00 NA

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Contact agents

Barbara Wiles

David Allison & Co Ltd

0141 432 0397



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