Summary - COURTYARD BISTRO, 31, CAMPBELL STREET ML3 6AS
1 bed 1 bath Commercial Property
Income-producing, high-yield commercial lot in a busy town-centre location..
Tenanted bistro/bar producing £42,000 pa
Approx. 12.92% yield at guide price
Busy pedestrian location with high footfall
Two trading floors plus large cellar space
Georgian stone facade with contemporary interior
Short lease: only four years remaining
Mortgage lenders may refuse due to lease length
Offered for sale at timed online auction
A rare income-producing commercial opportunity in Hamilton town centre, offered at auction. The property trades as a bistro/bar over two floors with a generous cellar, contemporary fit-out, air conditioning and a Georgian stone facade that gives strong street presence on a busy pedestrian route.
The unit is currently let at £875 per week (£42,000 pa), which equates to about a 12.92% yield at the guide price — attractive for income-focused buyers seeking immediate cashflow. The tenant pays rent, creating a hands-off investment for a purchaser who values stable rental income.
Important: the lease has only four years remaining. This short term may deter high-street lenders and could restrict mortgage options; purchasers should obtain finance confirmation before bidding. The area is classified as very deprived, which can affect long-term rental growth and borrowing terms, though high footfall supports trading potential.
This lot is being sold via timed online auction and is available for immediate offers. Buyers should review lease details, tenant covenant and condition reports, and factor auction timescales and potential refurbishment or compliance costs into their offer.
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