*Guide | £60,000 (plus fees)
- Commercial Property
- Tenure: Freehold
Call the team on 0141 339 4466 for more information
Commercial unit
Conveniently situated commercial unit available for sale located on High Street, Johnstone. The popular bar well-known to locals as Bar 20:10, comprises a main bar area with ample seating, male and female toilets and cellar with excellent storage space. The property is currently offered with tenant in situ, with an incoming rent of £770 per calendar month / £9240 per annum, offering an attractive 15% rental yield if purchase around the guide price. The longstanding tenant is looking to wind down the current business, offering an opportunity for the new owner to re-tenant or consider converting for a variety of different uses (subject to obtaining the relevant permission). The property benefits from 100% rates relief (to eligible companies) under the Scottish Government’s Small Business Bonus Scheme. EPC band E - a copy of this is available upon request from interested parties.
Tenure
Freehold
Area
Situated on Johnstone’s vibrant High Street, there is a variety of residential housing, shops, supermarkets, takeaways and local businesses. Johnstone train station is less than a mile away. The property is also well situated nearby the A737 dual carriageway offering easy access to Glasgow Airport, M8 motorway and Glasgow city centre.
Energy Efficiency Rating (EPC)
Current Rating E
Local Authority
Renfrewshire Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
