Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
INCOME PRODUCING INVESTMENT*** Commercial premises over ground & first (2,952 sq ft) Let to Salvation Army on a FRI lease producing £27,500pa with 1 year remaining.
Tenant: Salvation Army Trading
Company Ltd t/a Salvation Army
Expiry: 08/11/2026
Passing Rent: £27,500p.a.x.
Rent increases to £30,000 on 07/11/2025.
Arranged over ground and first floor area, the property is accessed via street level, with a single frontage, and has been fitted out and decorated internally to meet the tenant’s standard.
PRIME TOWN CENTRE LOCATION Neighbouring retailers include Greggs, Virgin Money, Co-op, B&M, Boots,
Sainsbury’s Local, Iceland, Oro Italian Restaurant, and independent bar and restaurant operators
Shawlands is a highly sought after
and densely populated affluent residential suburb, approximately 3 miles south of Glasgow City Centre.
INCOME PRODUCING INVESTMENT*** Commercial premises over ground & first (2,952 sq ft) Let to Salvation Army on a FRI lease producing £27,500pa with 1 year remaining.
Tenant: Salvation Army Trading
Company Ltd t/a Salvation Army
Expiry: 08/11/2026
Passing Rent: £27,500p.a.x.
Rent increases to £30,000 on 07/11/2025.
Arranged over ground and first floor area, the property is accessed via street level, with a single frontage, and has been fitted out and decorated internally to meet the tenant’s standard.
PRIME TOWN CENTRE LOCATION Neighbouring retailers include Greggs, Virgin Money, Co-op, B&M, Boots,
Sainsbury’s Local, Iceland, Oro Italian Restaurant, and independent bar and restaurant operators.
Shawlands is a highly sought after
and densely populated affluent residential suburb, approximately 3 miles south of Glasgow City Centre.
Kilmarnock Road forms part of Shawlands Cross, the vibrant centre of Shawlands—known for its independent cafés, bars, restaurants, and period sandstone tenements nearby.
Shawlands is a highly sought after
and densely populated affluent residential suburb, approximately 3 miles south of Glasgow City Centre.
Shawlands Arcade regeneration: A £68?million redevelopment aims to add ~300 residential units, retail, cafés, and public plaza to refresh the area
Full Address: 46 Kilmarnock Road, Salvation Army, Shawlands, Glasgow, G41 3NH
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Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: November 2026
Rent: £27,500 per year / £2,292 per month
Yield: 11% (approx)
Tenant: Company
Notes: Let to Salvation Army on a FRI lease producing £27,500pa with 1 year remaining.
Rent increases to £30,000 on 07/11/2025.
Service Charge cap of £1,472 which increases by 3%
p.a. Current Service Charge shortfall of £833
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Auction Details
Date & Time: 10 July 2025, 10am-3pm
Type: Timed Online Auction
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