£180,000
(£400.00/sq. ft)
Property for sale16 Busby Road, Clarkston, Glasgow G76
450 sq. ft
Just added
About this property
Investment opportunity
16 Busby Road, Clarkston, Glasgow, G76 7XL
offers over £180,000
property overview
An excellent opportunity to acquire a fully let commercial investment occupying a prominent position on Busby Road in the established and highly sought-after area of Clarkston.
The property extends to approximately 450 sq ft and is currently occupied by a tenant under an existing lease, providing the purchaser with an immediate rental income of £18,000 per annum
The lease is due to expire on 31st August 2030, providing the incoming investor with a substantial period of contracted income.
Offered at Offers Over £180,000, the property provides a headline rental yield of approximately 10%, based on the current passing rent and asking price.
The property represents an attractive proposition for investors seeking an established commercial investment with an existing tenant, contractual income and a lease extending to 2030.
Key investment facts
Location
16 Busby Road is situated in the heart of Clarkston, an established suburb approximately 8 miles south of Glasgow city centre.
Busby Road forms a key commercial and retail location within Clarkston, with a variety of occupiers and amenities serving the surrounding residential population. The immediate area includes independent retailers, cafés, restaurants, takeaways, bars and other commercial businesses.
The location benefits from strong public transport provision, including Clarkston Railway Station and Busby Railway Station, together with regular local and regional bus services. Road connections provide access to the wider Glasgow area and the M77 and M74 motorway networks.
Clarkston and the surrounding East Renfrewshire area are also well established for their residential and educational offering, contributing to the area's strong local catchment and established commercial environment.
The opportunity
This property offers an opportunity for an investor to acquire a tenanted commercial property with an attractive existing rental income and a lease extending to 2030
With a current passing rent of £18,000 per annum and an asking price of Offers Over £180,000, the investment produces a 10% headline gross yield at the asking price.
The property may be particularly suited to investors seeking an income-producing asset without the requirement for immediate vacant possession or a new tenant to be secured.
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.
16 Busby Road, Clarkston, Glasgow, G76 7XL
offers over £180,000
property overview
An excellent opportunity to acquire a fully let commercial investment occupying a prominent position on Busby Road in the established and highly sought-after area of Clarkston.
The property extends to approximately 450 sq ft and is currently occupied by a tenant under an existing lease, providing the purchaser with an immediate rental income of £18,000 per annum
The lease is due to expire on 31st August 2030, providing the incoming investor with a substantial period of contracted income.
Offered at Offers Over £180,000, the property provides a headline rental yield of approximately 10%, based on the current passing rent and asking price.
The property represents an attractive proposition for investors seeking an established commercial investment with an existing tenant, contractual income and a lease extending to 2030.
Key investment facts
Property: 16 Busby Road, Clarkston, Glasgow, G76 7XL
Tenure: Commercial investment
Approximate size: 450 sq ft
Guide Price: Offers Over £180,000
Current passing rent: £18,000 per annum
Lease expiry: 31 August 2030
Occupancy: Fully tenanted
Headline yield: 10.0% based on £180,000 purchase price
Income: Immediate rental income from completion
Lease: Existing lease to remain in place following sale
Location
16 Busby Road is situated in the heart of Clarkston, an established suburb approximately 8 miles south of Glasgow city centre.
Busby Road forms a key commercial and retail location within Clarkston, with a variety of occupiers and amenities serving the surrounding residential population. The immediate area includes independent retailers, cafés, restaurants, takeaways, bars and other commercial businesses.
The location benefits from strong public transport provision, including Clarkston Railway Station and Busby Railway Station, together with regular local and regional bus services. Road connections provide access to the wider Glasgow area and the M77 and M74 motorway networks.
Clarkston and the surrounding East Renfrewshire area are also well established for their residential and educational offering, contributing to the area's strong local catchment and established commercial environment.
The opportunity
This property offers an opportunity for an investor to acquire a tenanted commercial property with an attractive existing rental income and a lease extending to 2030
With a current passing rent of £18,000 per annum and an asking price of Offers Over £180,000, the investment produces a 10% headline gross yield at the asking price.
The property may be particularly suited to investors seeking an income-producing asset without the requirement for immediate vacant possession or a new tenant to be secured.
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.
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