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Station Road, Shotts ML7 Property for sale
131 Station Road, Shotts, ML7 4BJ
£35,000
131 Station Road, Shotts, ML7 4BJ
£35,000
Our Summary
- Prime Property Auctions is excited to present this Excellent Commercial Investment Opportunity within a prime location in Shotts
- Currently Vacant, This class 4 premises has the potential rental of £400 - £450 PCM , (£4,800 - £5,400 PA) This would provide a gross potential yield of 13
- 4% based on the guide price Rateable value of £2,200 which qualifies for business rates relief sure to appeal to developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale
- 4% based on the guide price Rateable value of £2,200 which qualifies for business rates relief sure to appeal to developers/investors looking for a project and is now being offered at a huge discount to ensure auction sale
- This property is offered at a fantastic price to ensure an Auction sale
- The property will feature in our upcoming timed online auction
- To participate in the live auction, you must have a bidding account created
- Location: Shotts, a town in North Lanarkshire, Scotland, offers strategic investment opportunities due to its central location, strong transport connections, and potential for growth
Description
Prime Property Auctions presents an excellent commercial investment opportunity in Shotts, a prime location with great footfall and amenities nearby. The class 4 premises is currently vacant and has the potential to generate £400-£450 PCM, with a gross potential yield of 13.7-15.4% based on the guide price. The property's rateable value of £2,200 qualifies for business rates relief, making it an attractive option for developers and investors. With its adaptable space and high daily foot traffic, this property is suitable for a range of businesses and offers a high yield potential. The property is being offered at a huge discount to ensure an auction sale, providing an exceptional opportunity for shrewd investors to snap up a ready-to-let, affordable commercial investment.