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Just added
£399,000
Property for sale
20 Whifflet Street, Coatbridge ML5Local area information
Property location
Nearby amenities
- Whifflet 0.1 miles
- St Mary's Primary School (Coatbridge) 0.2 miles
- St Bernard's Primary School 0.4 miles
- Coatbridge Central 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Coatbridge to find out more about the local area.
Features and description
Investment Property For Sale
Century 21 UK is delighted to present a rare opportunity to acquire a fully let investment property at 18–20 Whifflet Street, Coatbridge, currently occupied by a strong tenant trading as Pepe’s Piri Piri
The property benefits from a long-term lease providing secure and increasing income, making it an attractive proposition for investors seeking stable returns.
Lease Summary
Rental Income
Rent Reviews
Location
Whifflet Street is a well-established commercial location within Coatbridge, benefiting from strong local footfall and excellent transport links. Coatbridge lies approximately 9 miles east of Glasgow and is well served by road and rail networks, making it a popular and accessible town within North Lanarkshire. The property is situated close to local amenities, residential catchments, and established retail and food operators, enhancing its long-term trading potential.
Investment Opportunity
This property offers:
For further information please email
Century 21 UK is delighted to present a rare opportunity to acquire a fully let investment property at 18–20 Whifflet Street, Coatbridge, currently occupied by a strong tenant trading as Pepe’s Piri Piri
The property benefits from a long-term lease providing secure and increasing income, making it an attractive proposition for investors seeking stable returns.
Lease Summary
Lease commencement date: 16 June 2025
Lease expiry date: 15 June 2040
Term: 15 years
Permitted use: Hot Food Takeaway
Price: Offers over £399,000
Rental Income
£41,600 plus VAT per annum until 15 June 2026
£45,000 plus VAT per annum until 15 June 2027
£50,000 plus VAT per annum thereafter
Rent payable monthly in advance
Rent Reviews
16 June 2029
16 June 2034
16 June 2039
And every five years thereafter
At each review, the rent increases by 7.5% of the rent payable, offering built-in rental growth throughout the term
Location
Whifflet Street is a well-established commercial location within Coatbridge, benefiting from strong local footfall and excellent transport links. Coatbridge lies approximately 9 miles east of Glasgow and is well served by road and rail networks, making it a popular and accessible town within North Lanarkshire. The property is situated close to local amenities, residential catchments, and established retail and food operators, enhancing its long-term trading potential.
Investment Opportunity
This property offers:
A long-term, secure lease to a reputable tenant
Guaranteed rental uplifts at fixed review dates
A prominent and well-connected location
An attractive opportunity for investors seeking predictable income and capital growth
For further information please email
More information
Listed by
Century 21 - Commercial
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Property descriptions and related information displayed on this page are marketing materials provided by - Century 21 - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Century 21 - Commercial for full details and further information.