- Advert ID: 691050
- (Seller ref: G686)
ATM Plus Property Portfolio For Sale
- Location:
-
- United Kingdom
- > Scotland
- > Strathclyde
- > Glasgow
- > Glasgow
- Category:
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Summary
- Asking price:
- £1,200,000
- Sales revenue:
- Available on request
- Net profit:
- Available on request
Business description
The Business Partnership Scotland is delighted to offer for sale the following business...
This is an excellent opportunity to acquire a sound investment portfolio of 9 freehold shops with the added benefit of ATM and shop leases.
Total annual rental income is £131,400.
The properties are all retail units in the Greater Glasgow area with most shops located on the Southside.
The ATM contracts are usually for
7 years with a 6 month break clause. Given that it costs the operating company around £50,000 to obtain planning, supply and install each machine they are not installed or withdrawn lightly.
The portfolio also receives rent for the retail space of each shop. 7 of the 9 shop are currently let accounting for over 85% of the shop rental income shown on the table on the next page. The other two shops are currently with agents and being offered to let.
This portfolio is being offered for sale freehold with the transfer of all ATM and shop rental leases.
Property information
- Property:
- Freehold
- Location:
- Various Locations in Glasgow
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- United Kingdom
- > Scotland
- > Strathclyde
- > Glasgow
- > Glasgow
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