Auction Venue Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
16 miles south-east of Glasgow
Roads
A71, M74 (Junction 8)
Air
Glasgow Prestwick Airport, Glasgow International Airport
Situation
Strathaven is a historic market town situated 16 miles south-east of Glasgow. The property is prominently situated on the north side of Common Green close to its junction with Green Street. Nearby occupiers include Boots the Chemist, Greggs, Nisa Supermarket, Post Office and William Hill.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
16 miles south-east of Glasgow
Roads
A71, M74 (Junction 8)
Air
Glasgow Prestwick Airport, Glasgow International Airport
Situation
Strathaven is a historic market town situated 16 miles south-east of Glasgow. The property is prominently situated on the north side of Common Green close to its junction with Green Street. Nearby occupiers include Boots the Chemist, Greggs, Nisa Supermarket, Post Office and William Hill.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a ground floor banking hall and self-contained office accommodation on the first floor. The property benefits from car parking to the rear. The second floor is under separate ownership and does not form part of the sale.
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.
Viewings
There will be a single block viewing for this property. All interested parties must register their details with the Auctioneers prior to the viewing date and provide identification on site. Please contact Mhairi Jarvis. Email: mhairi.jarvis@acuitus.co.uk
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor banking hall and self-contained office accommodation on the first floor. The property benefits from car parking to the rear. The second floor is under separate ownership and does not form part of the sale.
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.
Viewings
There will be a single block viewing for this property. All interested parties must register their details with the Auctioneers prior to the viewing date and provide identification on site. Please contact Mhairi Jarvis. Email: mhairi.jarvis@acuitus.co.uk
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
Reviews/(Reversion)
Ground
Banking Hall
176.51 sq m
(1,900 sq ft)
THE ROYAL BANK OF SCOTLAND PLC (1)
Approx 22 years from 13/12/2006 until 11/12/2028
£13,405
11/12/2021 (2) 11/12/2026
First
Office
100.80 sq m
(1,085 sq ft)
I.C. ALLINGHAM (3)
7 years from 28/05/2011 (4)
£5,000
(28/05/2018)
Totals
277.31 sq m
(2,985 sq ft)
£18,405
(1) Royal Bank of Scotland has over 17 million customers in the UK and is the largest SME Bank in the UK with over 1.1 million customers. (Source: www.rbs.com) (2) The lease provides for the rent to be reviewed at the next rent review on 11th December 2021 to the higher of Open Market Rental Value or a fixed rental increase of 3.75%. (3) Trading as Allingham & Maillie Chartered Accountants, who have been established for over 60 years. (www.allinghamandmaillie.com) (4) The lease is subject to a schedule of condition.
