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William Hill, Unit 9 Burnbank Cross, Hamilton

Guide Price
£70,000

Business rates & charges may apply

Savills, Savills, Auctions
SIZE

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SECTOR

Commercial property for sale

Key features

  • High Yielding Betting Shop Investment
  • Let to William Hill
  • New 15 Year Lease
  • Producing £12,500 per annum
  • Established Location
  • Guide Price Reflects 17.86% Gross Yield
  • Eight Week Completion Available

Description

The property comprises a high yielding retail investment let on a new 15 year lease to William Hill and forming part of an established parade.

Arranged across ground floor only, the property is fully let to William Hill on a new 15 year lease and paying a rent of £12,500 per annum. The lease is on full repairing and insuring terms and includes a tenants break option every third year, with open market, upward only, rent reviews every fifth year.

The property forms part of a popular local parade, the area includes a mix of local and national retailers including Morrisons Daily, Ladbrokes and Lloyds Pharmacy.

William Hill, Unit 9 Burnbank Cross, Hamilton

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hamilton West Station0.6 miles
  • Hamilton Central Station1.3 miles
  • Blantyre Station1.3 miles

Notes

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Disclaimer - Property reference 14841602-04C2-49ED-97D5-F30E170CEDCA. 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, Savills, Auctions. 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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