Investment Properties for sale in Scotland

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S Martin (Feb 2013)
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Freehold Price: £550,000
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Business Description
The property comprises a self-contained ground floor retail unit within a multi-storey traditional building. Internally, the unit provides a front sales area with window display and a rear storage area including kitchen and ancillary areas. The property forms part of a larger building which is not included in the sale. Let to Lloyds Pharmacy Limited for a term of 25 years from 15th June 1996 until 2021 on a full repairing and insuring lease. The current passing rental income is £32,000 and offers are invited in the region of £550,000 giving a gross return of 5.8%. (June 2006 rent review notice served at £36,000 per annum)
Tenure: Freehold

Listed by: BTC Investment & Corporate
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