Property for sale

20 Whifflet Street, Coatbridge ML5

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

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  Lease commencement date: 16 June 2025
  
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  Lease expiry date: 15 June 2040
  
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  Term: 15 years
  
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  Permitted use: Hot Food Takeaway
  
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  Price: Offers over £399,000
  

Rental Income

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  £41,600 plus VAT per annum until 15 June 2026
  
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  £45,000 plus VAT per annum until 15 June 2027
  
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  £50,000 plus VAT per annum thereafter
  
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  Rent payable monthly in advance
  

Rent Reviews

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  16 June 2029
  
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  16 June 2034
  
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  16 June 2039
  
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  And every five years thereafter
  
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  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:

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  A long-term, secure lease to a reputable tenant
  
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  Guaranteed rental uplifts at fixed review dates
  
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  A prominent and well-connected location
  
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  An attractive opportunity for investors seeking predictable income and capital growth
  

For further information please email