July 2023: Tuesday 18 July 2023 - 9:00am
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Floorplan
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    Key features

    • High Yielding Investment
    • Five Office/Studio Units
    • Four Units Let Producing £13,780 per annum
    • Reversion From Letting of Vacant Unit (ERV circa £18,000pa)
    • Rent Reflects 13.9% Gross Yield on Guide Price
    • Rent If Fully Let Reflects Circa 18% Gross Yield on Guide Price
    • No VAT

    Description

    The property comprises the first floor of an end-terrace block, internally the property has been divided into five office/studio suites which are let to three separate tenants (one unit vacant).

    Please see the tenancy schedule below for rents and unit areas.

    Additional information

    Rent

    £13,780 per annum
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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      Baillieston is a busy suburb of Glasgow with a population of 21,663 and is located 7 miles east of the city centre. It is situated on a major interchange between the M8, M74 and M73 motorways and the A8 trunk route.

      The property is located on Main Street in Baillieston which is an extension of the A89 (Glasgow Road) and is situated on the corner of where Church Street joins Main Street. Occupiers in the area nearby include a mixture of both national and local tenants with a variety of uses.


      Transport

      Road

      • Central Glasgow - 7 miles
      • Easterhouse Rail Station - 1 mile


      Rail (from Easterhouse)

      • Glasgow Queen St - 15 mins

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums