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191-203 Main St 630 SF Retail Condo Unit Offered at $239,968 CAD in Rutherglen G73 2HG
Investment Highlights
- Positioned in the heart of Rutherglen’s Main Street
- 630 sq ft open-plan retail unit with ancillary space
- Stable occupier trading as “Blind Options”
Executive Summary
The property comprises a building of traditional construction arranged over four floors with retail accommodation on the ground floor and residential above.
Property Facts
| Total Building Size | 11,300 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 605 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1875 |
| Building Class | C | Tenancy | Single |
| Total Building Size | 11,300 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 605 SF |
| Year Built | 1875 |
| Tenancy | Single |
1 Unit Available
Unit 195
| Unit Size | 630 SF | Sale Type | Investment |
| Price | $239,968 CAD | Tenure | Freehold |
| Price Per SF | $380.90 CAD | Cap Rate | 8.85% |
| Condo Use | Retail | NOI | $21,227.96 CAD |
| Unit Size | 630 SF |
| Price | $239,968 CAD |
| Price Per SF | $380.90 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 8.85% |
| NOI | $21,227.96 CAD |
Description
The property comprises a ground-floor retail unit set within a traditional mixed-use tenement building, offering a single prominent frontage onto Main Street. Internally, the space is arranged in an open-plan layout with a partitioned WC, tea prep area and storage room, providing a practical configuration suitable for a variety of retail users. The unit benefits from high visibility within a busy stretch of the town centre, surrounded by both national operators and independent traders.
Sale Notes
This opportunity offers investors a well-located town-centre retail asset with a stable occupier and an attractive price point. The unit is positioned on a busy retail pitch within a strong suburban market, supported by significant local population and daily footfall. The existing tenant has shown no intention to vacate, providing a reliable income stream of £11,500 per annum. With its prominent position, practical configuration and affordability, the investment is well suited to private buyers, first-time investors or those seeking to expand their portfolio with a low-maintenance retail asset.
Nearby Major Retailers
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191-203 Main St
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