Summary - 45A, NEILSLAND ROAD ML3 8NA
1 bed 1 bath Leisure Facility
**Standout Features:**
- Detached leisure facility comprising a public house and betting office.
- Large plot to the rear with potential for parking or expansion.
- New 15-year full repairing and insuring lease.
- VAT-free investment with a net initial yield of 8.5%.
- Total area of approximately 4,142 sq ft, including a spacious basement.
- Flexible rental options with tenant break clauses at years 7 and 12.
- Strong rental income of £26,000 per annum.
**Potential Downsides:**
- The lease's short duration (15 years) may deter some mortgage lenders.
- Area identified as economically challenged; may impact future market value.
- Slow broadband speeds could affect business services.
This exceptional detached leisure facility on Neilsland Road, Hamilton presents an attractive investment opportunity with a substantial 4,142 sq ft of space, inclusive of both a public house and a betting office. The property features contemporary finishes combined with traditional pub aesthetics, showcasing high ceilings and inviting interiors. Situated on a generously sized lot, there’s ample potential for additional parking or future expansion.
Currently leased to reputable tenants with a long-term commitment, this property ensures a stable revenue stream for investors looking for reliable, hands-off income. Nestled in the Fairhill district, it is conveniently located near various local amenities, enhancing customer footfall. Don't miss this chance to invest in a unique, VAT-free property with promising yields and growth potential in a competitive market. Seize the opportunity today before it's gone!
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