Turnkey Investment Opportunity Tenanted Freehold Shop Premises For Sale

  • 70000.00 Pound £
  • Published date: May 2, 2019
  • Modified date: May 3, 2019
    • Glasgow, East Kilbride, Scotland, United Kingdom

Great opportunity to purchase the freehold of large ground floor shop premises in the town of East Kilbride, Glasgow.

The property occupies the ground floor of a mixed residential and commercial building situated close to the centre of the town.

Currently tenanted on a full insuring and repairing lease and trading as a hair salon. The investment currently returns a hands off rental income to the landlord of £7800 per annum with a rent review due in 2020.

East Kilbride is the largest town in South Lanarkshire in Scotland and the 6th largest settlement in Scotland with a population of circa 75,000 residents. It was also designated Scotland's first new town on six May 1947. The area lies on a raised plateau to the south of the Cathkin Braes, about eight miles (13 km) southeast of Glasgow and close to the boundary with East Renfrewshire.

The town is enclosed by the White Cart Water to the west and the Rotten Calder Water to the east, the latter flowing northwards adjacent to Blantyre, before joining the River Clyde opposite Daldowie near Cambuslang. This area was previously the site of the small village of East Kilbride, prior to its post-war development into a New Town. The old village still survives and is integrated with the town close to its town centre.

Details

TypeFor sale
Num. Rooms0
Num. Bathrooms0
StatusGood condition
Square Meters0
Square Meters (total)0
Num. Floors0
Floor Number0

Other characteristics

  • Parking

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