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Commercial Property
A freehold industrial investment opportunity comprising 13 units producing a gross income of £235,170 per annum and extending 3.55 acres (or thereabouts).
Interested parties are advised to inspect the legal pack for more information.
Let on an agreement from 09/06/21 for a 6 year term producing £27,425 per annum.
Let on an agreement from 01/03/24 for a 5 year term producing £26,500 per annum.
Let on an agreement from 29/04/23 for a 10 year term producing £18,300 per annum.
Let on an agreement from 01/03/24 for a 5 year term producing £12,880 per annum.
Let on an agreement from 01/09/24 for a 6 year term producing £13,995 per annum.
Let on an agreement from 27/01/23 for a 6 year term producing £21,260 per annum.
Let on an agreement from 01/11/23 for a 3 year term producing £21,000 per annum.
Let on an agreement from 01/03/23 for a 3 year term producing £12,650 per annum.
Let on an agreement from 01/03/23 for a 6 year term producing £17,995 per annum.
Let on an agreement from 01/04/2024 for a 3 year term producing £12,375 per annum.
Let on an agreement from 21/06/2022 for a 6 year term producing £18,500 per annum.
Let on an agreement from 01/01/2021 for a 6 year term producing £20,995 per annum.
Let on an agreement from 27/01/23 for a 6 year term producing £11,295 per annum.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Freehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
