Page 26 - Shepherd Commercial Auctions - Catalogue June 2023

Lot20 269MainStreetB, ellshillL, anarkshireML4 1AJ Class3Investment
Features
•Popularlocablusiness
•Passingren£t15,000p.a. •NeItnitiaYlield10.52%afterallowingpurchaser'scosts
Accommodation
ThesubjectscompriseagroundflooretaiulnicturrentlytradingasaGreektakeaway containedwithinasingle-storeyretailingparade.
Theshophasrecentlyundergoneafulslchemeorfefurbishmenwtorksinlinewiththe currentenantsbrandingwhichincludesalargeopenplansalesareatothefronwtitha kitchenandw/cfacilitiestotherearA.firexiat thebackotfheshopleadsontoa sharedyardsuitableforparkingordeliveries.
TotaNlIA105.09sqm.(.1,131sqf.t.)
Location
BellshililsatowninNorthLanarkshirel,yingapproximately12milestotheasotf GlasgowI.itslocatedwithintwoandahalmfilesotfheM74Motorway(J5)andaround thesamedistancefromtheM8Motorway(J6)andA8w,hichprovideaccesstothe nationamlotorwaynetwork.
ThesubjectsarelocatedonthenorthsideoMfainStreetc,losetoitsjunctionwith MotherwelRloadinthehearotBfellshillM.ainStreebtenefitsfromalargeamounotf pedestrianandpassingvehicletrafficaswelalsalargenumberonfationarletailers includingMorrisonsB,ootsL,loydsPharmacyB,ankoSfcotlandandSpecsavers.
Planning
WeunderstandthathepropertyhasClass3(SuGieneris)planningconsenitnlinewith itsexistinguseT.hepropertymaysuiatlternativeusesubjectobtainingalnlecessary planningconsentsI.wtilbleincumbenutponanyoccupiertosatisfythemselvesinthis respect.
RateableValue
Thesubjectsarecurrentlyenteredinthe2023valuationrolal£t12,100. EnergyPerformanceRating ThepropertyhasanenergyratingoGf 236.
*GuidePrice£140,000(plusfeesifapplicable)
26 *PleaseseeBuyer’sTermsfordefinitionogfuideprice andauctionfees
Tenancy
StarDtate–22/01/2021
EndDate–21/01/2031 BreakDate–22/01/2026(TenanOtnly) Ren-t£15,000p.a(.excVAT) Renrteview–22/01/2026(Basedonopenmarkertent) FRLIease
AuctionType
UnconditionaSlale-Thebuyersfeeis2.4%incVAT(2%plusVAT)subject toaminimumo£f2,400incVAT(£2,000plusVAT).