Page 16 - Shepherd Commercial Auction June 2022
P. 16

  Lot 16
16 Brandon Street, Hamilton ML3 6AB
 *Guide Price £90,000+ (plus fees)
Features:
• Total: 109.55 sq m (1,180 sq ft)
• Passing rent: £10,000 per annum. Unexpired lease of approx. 5 years. • RV: 16A Brandon Street £4,550, 16B Brandon Street £4,700
Description:
The building itself is of traditional red sandstone construction, surmounted by a pitched roof. The units have good visibility from Brandon Street and are accessed via communal entrance at ground level. Internally, the subjects comprise two first floor units that are currently utilised as hair salons, in connection with the respective tenant’s businesses.
Accommodation:
16A Brandon Street - 49.20 sq m (530 sq ft) - Currently let to Armor Cabello Hair Salon on a full repairing and insuring lease. A lease extension was granted in April 2022 for a further 5 year period. Current passing rent is £5,000 per annum
16B Brandon Street - 60.35 sq m (650 sq ft) - Currently let on a full repairing and insuring lease signed in April 2022 for a period of 5 years. Current passing rent is £5,000 per annum. This unit is also utilised as a hair salon.
Location:
Situated in the affluent South Lanarkshire town of Hamilton which has an estimated population of approx 54,390 persons. More specifically, the properties are positioned on the high vehicular and pedestrianised section of Robertson Street, in close proximity to the town centre of Hamilton. Hamilton is located approximately 14 miles from Glasgow and benefits from nearby access the M74 motorway. The surrounding area consists of predominantly office occupiers and flatted dwellings in the upper floors, with predominantly commercial occupiers at ground floor level. The property further benefits from nearby access to excellent public transport facilities with Hamilton Central train station and bus services.
Energy Efficiency Rating: G and TBC Tenure: See Legal Pack
Viewing:
Viewings by arrangement with Shepherd Commercial Property Auctions -Tel: 0141 331 2807 Email: a.honeyman@shepherd.co.uk
Auction Type: Unconditional Sale. The buyers fee is 2% plus VAT (2.4% including VAT) subject to a minimum of £2895 plus VAT (£3,474 including VAT)
*Guide Price £90,000+ (plus fees)
16 | *Please see Buyer’s Terms for definition of guide price Closing date for next Auction: 7th May 2020 - Entries Invited and auction fees
 















































































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