High-yield tenanted freehold in a busy town-centre location for cash-ready investors..
- Freehold two-storey Victorian public house with large cellar
- Currently tenanted at £875 per week (£42,000 pa)
- Guide price £275,000 equates to c.12.92% yield
- Lease term: four years remaining (potentially rolling)
- Short lease may prevent mortgage finance for many buyers
- Busy Campbell Street location with strong footfall
- Very deprived local area could affect future trading
- Sale by timed online auction — quick completion likely
A rare freehold commercial opportunity in central Hamilton offered for auction. The property is a Victorian two-storey public house with bar areas on both levels, toilets on each floor and a large cellar — practical layout for continued trading or redevelopment. It benefits from high pedestrian footfall on Campbell Street and strong connectivity, with fast broadband and excellent mobile signal.
The investment is fully let at £875 per week (£42,000 per year). At the guide price of £275,000 that equates to a headline yield of c.12.92%, presenting clear income returns for purchasers seeking immediate cashflow. The lot is being sold with four years remaining on the lease and the potential for it to become rolling thereafter.
Buyers should note material drawbacks: the short lease term (four years) may make mortgage finance difficult or unavailable and reduces security of long-term income. The property sits in a very deprived local area classification, which can affect trading resilience and future rental growth. The sale is by timed online auction — purchasers must be prepared to complete the process and validate bidding requirements quickly.
This is a straightforward, income-producing commercial asset for investors able to accept lease and location risk. It will suit cash buyers or specialist commercial lenders comfortable with shorter lease profiles, and those seeking to add a high-yield, hands-off tenant to their portfolio with potential for longer-term repositioning.