Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
14 miles west of Glasgow
Roads
M8, A737
Rail
Johnstone (35 minutes to Glasgow Queen Street)
Air
Glasgow International Airport
Situation
Johnstone is one of the principal towns in Renfrewshire with a population in the region of 16,500 people. The A737 provides easy access to Paisley and Glasgow to the east. The property is situated in a prominent location on the north side of the High Street, in the block bounded by Collier Street to the west and Rankine Street to the south. Neighbouring retailers include Greggs, Coral, Poundland, Boots and Clydesdale Bank.
Tenure
Heritable. (Scottish Equivalent of Freehold).
Location
Miles
14 miles west of Glasgow
Roads
M8, A737
Rail
Johnstone (35 minutes to Glasgow Queen Street)
Air
Glasgow International Airport
Situation
Johnstone is one of the principal towns in Renfrewshire with a population in the region of 16,500 people. The A737 provides easy access to Paisley and Glasgow to the east. The property is situated in a prominent location on the north side of the High Street, in the block bounded by Collier Street to the west and Rankine Street to the south. Neighbouring retailers include Greggs, Coral, Poundland, Boots and Clydesdale Bank.
Tenure
Heritable. (Scottish Equivalent of Freehold).
Description
The property comprises a retail unit on ground and first floors. The unit benefits from a rear service yard.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a retail unit on ground and first floors. The unit benefits from a rear service yard.
Six Week Completion
Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First
Retail Ancillary
90.77 sq m 41.06 sq m
(977 sq ft) (442 sq ft)
SPORTSWIFT LIMITED (1)
5 years from 19/03/2015 on full repairing and insuring terms
£25,000
04/02/2020
Totals
131.83 sq m
(1,419 sq ft)
£25,000
(1) For the year ending 31st January 2014, Sportswift Limited reported a turnover of £313,182,000, pre-tax profits of £69,243,000 and a total net worth of £215,073,000. (Source: www.riskdisk.com 10/06/2014)
