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SALE BY ONLINE AUCTION 10TH DECEMBER 2020, Fully Let Commercial Investment, 7-9 Manse Street , Renfrew, PA4 8QH

3,300 Sq Ft / Retail / Retail - High Street

For Sale - £82,000.00

Available - Last updated: 14 November 2020

SALE BY ONLINE AUCTION 10TH DECEMBER 2020 AT 9.00AM. Online Property Auctions Scotland are delighted to offer this fully let commercial investment opportunity returning 11% rental yield based on guide price.


•    FULLY LET COMMERCIAL INVESTMENT***Rent is £9,000 per annum***This enormous property is: circa 3300 sq ft***Currently let on a new 5 Year Commercial lease Signed in February 2019 ***Located next to national & local retailers***The side of the property faces onto Main Town Centre Car Park*** Overlooking Large regional Aldi Store***
•    Excellent High Yielding Property *** 11%  Yield at Guide Price*** Quality Investment opportunity***Seldom brought to market with low guide price & Excellent Long Term Asset Management Potential***Massive Property
•    The property offers fantastic long term redevelopment potential including Serviced offices / restaurant / Children’s play centre / Large Retail Premises all subject to planning*** property currently undergoing tenant Refit & Due to open as a beauticians***Lease in Tenants own name***
•    Fantastic Commercial Investment with brand new lease signed in Feb 2019***FULL Details in Legal Pack ** The property benefits from being in a central location and offers excellent longer term potential***
•    Town Centre Location with Braehead Shopping Centre & Xscape Leisure Centre within close proximity
LET Commercial Investment with brand new lease signed in February 2019***FULL Details in Legal Pack*** HIGH YIELD circa 11% at Very Low Guide Price ***Nearby Units are occupied by trading business***The rent is £9000 + Vat… We believe that the property sale will be treated as a TOGC and therefore no vat should be payable…prospective purchasers should make their own enquiries regarding this. Sure to be of interest to Property Developers and Owner Occupiers Alike*** Fantastic & Substantial Business Premises***This property is located within a popular  district close to Town centre hosting a number of local amenities***Excellent access to M8 Motorway, Glasgow Airport, Reid Kerr & Cardonald Colleges, Glasgow / Strathclyde & Caledonian Universities. Braehead Shopping Centre & Xscape Leisure Centre within close proximityLikely to attract Substantial Interest From Investors***This fantastic property situated within a traditional red sandstone traditional  tenement building, offers exceptional possible potential re-development prospects***subject to obtaining all necessary planning and building permissions*** The property would be ideal for conversion into Serviced offices / restaurant / Children’s play centre / Large Retail Premises / Nightclub – Entertainment Venue (STP)***

 

Terms

Auction goes live 10th December 2020 at 9:00 GMT. Ends 10th December 2020 at 15:00 GMT. You must be registered on www.opascotland.com to be able to bid on property and view legal documents. Purchase is subject to security checks, carried out by third party electronically.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £82,000.00 NA

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Contact agents

Agency Team

Online Property Auctions Scotland Ltd

0141 432 1230

George Douglas

Online Property Auctions Scotland Ltd

0141 432 1310



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