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Office for sale

45 Neilsland Road, 45 Neilsland Road, Hamilton

Guide Price
£275,000

Business rates & charges may apply

Savills, Edinburgh
SIZE

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SECTOR

Office for sale

Key features

  • Comprises Parade of Two Units
  • 15 Year Lease Expiring 28th February 2039
  • Established and Popular Location
  • Investment Let at £26,000 p.a. (9.12% GIY on Guide Price)
  • High Yielding Retail/Leisure Investment
  • Fully Let to William Hill
  • Index Linked Rent Reviews
  • VAT-Free Investment

Description

The property comprises a high yielding retail investment let to William Hill.

Arranged as two adjoining retail/leisure units, the property is let in its entirety to William Hill on a 15 year lease expiring March 2039 and paying £26,000 per annum. The rent is reviewed 5 yearly in line with the Consumer Price Index (CPI) but also includes a minimum and maximum increase of 1%-3% annually.

Neilsland Road is a major thoroughfare through Hamilton, a popular suburb of Glasgow. The town sits at a major junction of the M74 motorway and is therefore popular with commuters.

The property forms part of the principal local amenity with adjacent units including the Post Office and Coop Food.

Brochures

45 Neilsland Road, 45 Neilsland Road, Hamilton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hamilton West Station0.9 miles
  • Hamilton Central Station1.0 miles
  • Chatelherault Station2.2 miles

About Savills, Edinburgh

Savills, Wemyss House, 8 Wemyss Place, Edinburgh, EH3 6DH

Notes

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Disclaimer - Property reference EB847FE3-3366-4819-9A90-51B41ABFD278. 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 Savills, Edinburgh. 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.

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