Retail premises for sale in 607 London Road, Glasgow G40
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Prime Property Auctions New Entry. Prime commercial unit located in sought after street in Glasgow.
- Property is currently tenanted to a hairdressers and is producing a rental income of £525. Fantastic yield at Guide price of £50,000
- Property is producing a gross annual income of £6,300 which give a yield of 12.6% making it a very attractive investment opportunity.
- The Property has a rateable value of £1,500 per annum which means that the business can claim 100% rates relief.
- Property is located on a busy street benefitting from high passing trade. Sure to appeal to investors.
Property description
- Prime Property Auctions New Entry. Prime commercial unit located in sought after street in Glasgow.
- Property is currently tenanted to a hairdressers and is producing a rental income of £525. Fantastic yield at Guide price of £50,000
- Property is producing a gross annual income of £6,300 which give a yield of 12.6% making it a very attractive investment opportunity.
- The Property has a rateable value of £1,500 per annum which means that the business can claim 100% rates relief.
- Property is located on a busy street benefitting from high passing trade. Sure to appeal to investors.
Prime Property Auctions New Entry. Prime commercial unit located in sought after street in Glasgow. Property comprises: Sales area, utility room and toilet area.
Property is currently tenanted to a hairdressers and is producing a rental income of £525. Fantastic yield at Guide price of £50,000. Property is producing a gross annual income of £6,300 which give a yield of 12.6% making it a very attractive investment opportunity.
The lease was signed January 2024 and is due to end on the 7th January 2027.
This property benefits from being located in a sought after area and is an easily lettable unit.
Property will be sold with the tenant in situ. A copy of the lease can be downloaded along with copy of the title documents.
Property benefits from good footfall and is sure to appeal to landlords looking for an affordable commercial investment.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Location:
Bridgeton and its neighbouring areas have undergone massive transformation in the last seven years as part of Clyde Gateway's regeneration plan. With the launch of the Athletes Village for the 2014 Commonwealth Games, the area is now bustling with new residential homes, office accommodation and community amenities. Glasgow Green and the People's Palace are a short walk away making the area an attractive option for tenants.
The property is very well located for transport links including regular trains from Bridgeton Station, excellent road links to the nearby M8 and M74 motorways and local bus services offering a variety of routes.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Prime Property Auctions, G2 on +44 330 098 3814 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Prime Property Auctions, and do not constitute property particulars. Please contact Prime Property 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.