Commercial
Cambuslang Road, Rutherglen, G73 1AP
£120,000 GDV
Ground floor retail unit (66m2) purchased in 2023.
No ADS due to being a non-residential transaction.
No LBTT on non-residential transactions below £150,000.
Internal renovation (up to £10,000)…
Description
Type
Commercial
Location
South Lanarkshire
GDV(Gross Development Value)
£ 120,000
Purchase Price
£ 50,000
Costs(Refurbishment & Fees)
£ 13,000
Total Cash Required
£ 63,000
Rent
£ 1,000
Ground floor retail unit (66m2) purchased in 2023.
No ADS due to being a non-residential transaction.
No LBTT on non-residential transactions below £150,000.
Internal renovation (up to £10,000) required.
Rateable Value = £9,900.
Market Rent = £1,000pcm (£12,000 per annum).