Commercial property for sale in Burnbank Centre, Hamilton ML3
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Property features
- High Yielding Betting Shop Investment
- Let to William Hill
- New 15 Year Lease
- Producing £12,500 per annum
- Established Location
- Guide Price Reflects 17.86% Gross Yield
- Eight Week Completion Available
Property description
Strapline
Auction Sale - 18/06/2024
High Yielding Betting Shop Investment
Let to William Hill on a New 15 Year Lease Producing £12,500 per annum
Description
The property comprises a high yielding retail investment let on a new 15 year lease to William Hill and forming part of an established parade.
Arranged across ground floor only, the property is fully let to William Hill on a new 15 year lease and paying a rent of £12,500 per annum. The lease is on full repairing and insuring terms and includes a tenants break option every third year, with open market, upward only, rent reviews every fifth year.
The property forms part of a popular local parade, the area includes a mix of local and national retailers including Morrisons Daily, Ladbrokes and Lloyds Pharmacy.
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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