Units 45 & 45a, 45 Neilsland Road, Hamilton, Lanarkshire, ML3 8NA
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
High street retail property for sale
Key features
- The property incorporates a public house and a betting office
- Super Size: Circa 4,100 Sq Ft in total
- £26k rent combined earnings a year (9.8% yield)
Description
***The property is located in the Fairhill District of Hamilton on the north -east side of Neilsland Road, approximately 2 miles south west of Hamilton Town Centre***
***The surrounding area is primarily housing with nearby occupiers including the Community Centre, Fairhill Takeaway and Premier Convenience Store The nearest rail links are from Hamilton Central Railway Station which takes a 5 minute drive to reach***
***Hamilton is a large town in South Lanarkshire, Scotland and serves as the main administrative centre of the council area. It sits approximately 9 miles south-east of Glasgow, 37 miles south0west of Edinburgh and can be assessed from Junction 6 of the M74 motorway.***
***The property is let to William Hill on new 15 year full repairing and insuring leases that commenced in March 2024 at a combined rent of £26,000 per annum. The lease incorporates tenant break options at the 7th and 12th anniversaries. The rent is subject to open market rent reviews on the 5th and 10th anniversaries.***
The subject property is located in the Fairhill district of Hamilton on the north -east side of Neilsland Road, approximately 2 miles south west of Hamilton Town Centre. The surrounding area is primarily housing with nearby occupiers including the Community Centre, Fairhill Takeaway and Premier Convenience Store The nearest rail links are from Hamilton Central Railway Station which takes a 5 minute drive to reach***Hamilton is a large town in South Lanarkshire, Scotland and serves as the main administrative centre of the council area. It sits approximately 9 miles south-east of Glasgow, 37 miles south0west of Edinburgh and can be assessed from Junction 6 of the M74 motorway***
***Upon entering the public house, there is the bar situated immediately ahead with customer seating surrounding it. To the rear of the property there are customer and staff welfare facilities. There is a small kitchenette which is also used for storage. The ceilings are wallpapered and incorporate pendant lighting. The walls are of plaster / paint and the floors are covered in laminate / carpet. A stairwell to the rear provides access to the basement which extends to the entire demise of the building. Internally, the betting office has an open plan sales area which has been fitted out with corporate recessed spot and box lighting. The floor is covered with tiles.***
GUIDE PRICE - £300,000
To view legal documents relating to this property please visit our website.
Purchases are subject to a Buyer's Premium. There may also be additional fees on certain properties. Please refer to the Articles of Roup/ Special Conditions in the Legal pack to confirm.
All prices quoted are exclusive of VAT.
Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
Brochures
Units 45 & 45a, 45 Neilsland Road, Hamilton, Lanarkshire, ML3 8NA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hamilton West Station1.0 miles
- Hamilton Central Station0.9 miles
- Chatelherault Station2.1 miles
Notes
Disclaimer - Property reference 290908. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Online Property Auction Group, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Online Property Auction Group, Glasgow on 01409 335799.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
Map data ©OpenStreetMap contributors.