Prime Property Auctions (Scotland) Ltd says ..

Property Oracle says ..

This listing presents a commercial property situated at 131 Station Road, Shotts, North Lanarkshire. The property is described as a vacant class 4 premises with potential rental income of £400-£450 per month. The provided photographs reveal a small commercial unit, seemingly in need of some renovation. The interior shows a basic fit-out, suggesting it’s either ready for a new tenant or requires modernization to attract higher rental income. The property’s key selling point is its prime location on Station Road, close to Shotts train station, offering good transport links. This is advantageous for both commuters and businesses. However, the absence of a bathroom and the need for renovation will likely impact rental value and overall investment appeal. The price of £35,000 requires further investigation, comparing it to other similar properties in Shotts and factoring in the refurbishment costs before a conclusive assessment of value can be made. Additional details about the property’s square footage and any other potential aspects like parking would be useful for a more detailed analysis.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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