Future Property Auctions · 29 Oct 2026 · in 10 days
196 Kilmarnock Road, Let Investment, Shawlands, Glasgow South, G41 3PG
196 Kilmarnock Road, Let Investment, Shawlands, Glasgow South, G41 3PG · Scotland
LiveRetailFreeholdLetGuide cut
- Opening bid
- £144,000was £153,000a starting bid, not a guide: lots usually sell well above it
- Rent a year
- £13,000
- Yield on the opening bid
- 9.0%
- Payback
- 11 yrs
- Net yield, after buying costs, at the opening bid
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
- Size
- 434 sq ft£29.95 rent per sq ft
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Future Property Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
- Guide cut from £153,000 to £144,000 (6% lower), 18 Oct 2026.
Future Property Auctions' record
Future Property Auctions' results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold retail lot in Glasgow South. Producing £13,000 a year, a 8.0% gross yield at the guide.
Commercial Investment. PRIME LET INVESTMENT Rettie Estate Agency on a FRI Lease at £13,000pa until May 2032. **** Market rent £17/18,000 per annum. Good opportunity for increase in rental ***. Tenanted by Rettie & Company Ltd in occupation since 15th May 2017. Lease extended in 2022 for 10 Years until May 2032. Rent is £13,000pa. Total internal floor size 434 sq ft. Tenant may benefit from small business rates relief due to low rateable value of £7,451. Excellent investment buy in prime location. Rent review 2027 market rent £17/18,000 pa. Close proximities to several national retailers such as Dominoes, Tesco, Sainsburys, Clyde, Slaterhogg, Royal bank of Scotland, Santander, Nationwide + Shawlands, Pollokshaws East & Crossmyloof trains. Excellent investment in prime Southside Locale of Shawlands. Good sized unit just off main Kilmarnock Rd. Excellent visibility, convenient parking and transport facilities. Tenancy: Type of Agreement: Full Repairing & Insuring (FRI). Length: 14 May 2032. Rent: £13,000 per year / £1,083 per month. Yield: 9% (approx). Tenant: Private Individual. Notes: Tenanted by Rettie & Company Ltd in occupation since 15th May 2017. Lease extended in 2022 for 10 Years until May 2032. Rent review 2027 market rent £17/19,000 pa. Situated within the recognised shopping and leisure heart of Shawlands, the subjects occupy an extremely prominent site. The location benefits from an extremely high level of vehicular and pedestrian traffic and excellent public transport facilities. Close proximities to several national retailers such as Dominoes, Tesco, Sainsburys, Clyde, Slaterhogg, Royal bank of Scotland, Santander, Nationwide + Shawlands, Pollokshaws East and Crossmyloof trainsation.
Figures come from Future Property Auctions' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.