Property for sale

16A Busby Road, Clarkston, Glasgow G76

Investment opportunity
16A Busby Road, Clarkston, Glasgow, G76 7XL
offers over £150,000

property overview
An attractive opportunity to acquire a fully let commercial investment situated on Busby Road in the established and highly sought-after area of Clarkston.
The property extends to approximately 300 sq ft and is currently occupied by a tenant under an existing lease, providing the purchaser with an immediate rental income of £15,000 per annum
The existing lease is due to expire on 15th July 2030, providing the incoming investor with a substantial period of contracted rental income.
Offered at Offers Over £150,000, the property provides a headline rental yield of approximately 10%, based on the current passing rent and asking price.
The property represents an opportunity for investors seeking an established commercial investment with an existing tenant, immediate rental income and a lease extending to 2030.
Key investment facts

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  Property: 16A Busby Road, Clarkston, Glasgow, G76 7XL
  
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  Tenure: Commercial investment
  
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  Approximate size: 300 sq ft
  
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  Guide Price: Offers Over £150,000
  
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  Current passing rent: £15,000 per annum
  
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  Lease expiry: 15 July 2030
  
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  Occupancy: Fully tenanted
  
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  Headline yield: 10.0% based on £150,000 purchase price
  
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  Income: Immediate rental income from completion
  
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  Lease: Existing lease to remain in place following sale
  

Location
16A Busby Road is located within the established commercial centre of Clarkston, approximately 8 miles south of Glasgow city centre.
Busby Road provides a range of local amenities and commercial occupiers serving the surrounding residential communities. The immediate area is characterised by a mixture of independent retailers, cafés, restaurants, takeaways, professional services and other commercial businesses.
Clarkston benefits from excellent transport connectivity. Clarkston Railway Station provides regular services towards Glasgow and surrounding areas, while Busby Railway Station is also located nearby. The area benefits from established bus routes and convenient road connections to the wider Glasgow road network.
The property's location provides an established local catchment and places the investment within a well-established suburban commercial environment.
The investment opportunity
This property presents an opportunity to acquire an income-producing commercial investment with an established tenant and a lease extending to July 2030.
With a current passing rent of £15,000 per annum and an asking price of Offers Over £150,000, the property offers a 10% headline gross yield based on the asking price.
The property may appeal to investors seeking an established income-producing asset with a tenant already in occupation and no requirement for immediate vacant possession.
Further information
Further information, including a copy of the existing lease and additional property information, can be made available to seriously interested parties upon request.
Viewing and further information strictly by appointment. Please email
All figures and measurements are approximate and should be independently verified by interested parties. Prospective purchasers should satisfy themselves as to the terms of the existing lease, rental obligations, condition of the property, planning/use, rates and all other matters prior to submitting an offer.