Property Auctions - commercial investment

Auction date: Wed, 27/03/2024 - 13:00

A former church building set in a prime location on a good-sized plot, set back from the main road by long gardens. This detached commercial property, has until recently, been used as a day care centre, but could provide a number of opportunities such is the space and size of plot.

Auction date: Wed, 27/03/2024 - 11:00

Vacant two storey premises which was recently let, but is now sold vacant. The ground floor retail/offices/consulting rooms have a floor area of approx. 774 sq.ft. and were previously let at £7,750 per annum. On the first floor are a number of rooms including a kitchen and bathroom with a floor area of approx. 608 sq.ft. This floor has been let to various commercial entities over many years with the most recent commanding a rental value of £2,400 per annum.

Auction date: Thu, 21/03/2024 - 18:00

A freehold mixed-use property currently arranged as a ground floor retail unit with a non self-contained one-bedroom flat above. The property is in need of refurbishment and could be retained as a high-yielding commercial investment or potentially converted into two flats or an HMO, subject to consents. 

Auction date: Wed, 20/03/2024 - 13:00

Vacant freehold shop equipped and latterly used as hot food takeaway in densely populated residential area. It offers a good opportunity to re-open a previously well established business, start a new neighbourhood retail venture or as an investment property which should readily find a new tenant.

Auction date: Mon, 18/03/2024 - 12:00

The property comprises a three-storey commercial premises, comprising a ground floor shop, together with a self-contained first and second floor office. The retail premises is currently held on a 5 year term from 11th November 2022. The auctioneers are advised that the first and second floor offices are let on a 3 year internal repairing and insuring lease term with a rent of £5,200 per annum from the 23rd June 2023.

Auction date: Wed, 20/03/2024 - 13:00

Freehold Blue Chip Convenience Store Investment. The site extends to 18,680 square feet. With dual customer access from both the front and rear of the property. Let to Iceland Foods until February 2030, with a tenant only break clause in February 2025. The property is arranged on a ground floor only. Current passing rent of £99,588 per annum with fixed increase to £112,765 in February 2025.

Auction date: Thu, 21/03/2024 - 09:00

Office and retail space on the ground floor of the property. Turnkey investment with immediate cash flow. The building dates from 1766 and is Category 'C' listed. Estimated size: 38.94 sq. m. (419 sq. ft.). Current rental of £3500 per annum. Current occupancy agreement due to expire December 2025 (with break due December 2024).

Auction date: Thu, 21/03/2024 - 09:00

Ground floor retail unit in the heart of Dundee city centre, extending to 53.20 Square Metres (573 Square Feet). Solid investment opportunity. Suitable for a variety of uses (STP). The unit comprises of a main retail area which leads to a back shop/ storage area with a single WC. Occupying the ground floor of a 4-storey plus attic traditional stone-constructed tenement, with a pitched and slated roof.

Auction date: Thu, 21/03/2024 - 09:00

WAS £210,000 NOW ONLY £159,000! Opportunity to purchase a large, three story, commercial unit situated on a prime High Street location and benefiting from having rear loading access with parking available to the rear of the property. Potential end-market rental income of up to £40,000 per annum. Delivering a fantastic yield of 19% at current guide price.

Auction date: Thu, 21/03/2024 - 09:00

Excellent investment opportunity with a potential rental income of £700pcm (£8400 per annum) delivering an outstanding yield of 19% at guide price. The accommodation is circa 915 sq.ft and is comprised of a sales area, back store, a staff kitchen, staff office, a smaller back store and an accessible single WC. The property benefits from having two car parking spaces are located at the rear of the premises.