Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
MID TERRACE COMMERCIAL UNIT***INCOME PRODUCING INVESTMENT Class 3 Hot Food TAKE AWAY CONSENT Held on a FRI with 10 years unexpired currently producing £15,000 per annum
Tenant: Personal Name
Expiry: 9th July 2035
Rent Review & Break: 10th July 2030
Passing Rent: £15,000p.a.
Rent Increase: £16,500p.a. in July 2028
Deposit: A deposit of £3,750 is held by the landlord.
Internally, the subjects are undergoing major renovation works with new layout planned providing additional customer space to the front. Additional storage is provided at mezzanine level.
The property has been measured in accordance with RICS Code of Measuring Practice – 6th Edition on a Net Internal basis and is as follows:
Ground 43.45sqm 468sq ft
PRIME LOCATION Nearby occupiers include Eli Cafe, BBQ Palace, Day-today Express and The Beechwood.
MID TERRACE COMMERCIAL UNIT***INCOME PRODUCING INVESTMENT Class 3 Hot Food TAKE AWAY CONSENT Held on a FRIL with 10 years unexpired currently producing £15,000 per annum
Tenant: Personal Name
Expiry: 9th July 2035
Rent Review & Break: 10th July 2030
Passing Rent: £15,000p.a.
Rent Increase: £16,500p.a. in July 2028
Deposit: A deposit of £3,750 is held by the landlord.
Internally, the subjects are undergoing major renovation works with new layout planned providing additional customer space to the front. Additional storage is provided at mezzanine level.
The property has been measured in accordance with RICS Code of Measuring Practice – 6th Edition on a Net Internal basis and is as follows:
Ground 43.45sqm 468sq ft
PRIME LOCATION Nearby occupiers include Eli Cafe, BBQ Palace, Day-today Express and The Beechwood.
Aikenhead Road is a prominent thoroughfare in Glasgow, Scotland, extending through several neighbourhoods including Mount Florida, King's Park, and Govanhill. The road offers a diverse mix of residential properties, commercial establishments, and green spaces, making it a notable area within the city.
The road benefits from excellent transport links:
Rail: Mount Florida Station serves the G42 area. King's Park Station caters to the G44 region.
Bus: Multiple bus routes operate along Aikenhead Road, providing connections to Glasgow city centre and surrounding areas.
Full Address: 1007 Aikenhead Rd, Valentinos Hot Food Investment, Glasgow, G44 4SF
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Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: 10 Years
Rent: £15,000 per year / £1,250 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes: The property is held on a full repairing and insuring head lease on the following terms
Tenant: Personal Name
Expiry: 9th July 2035
Rent Review & Break: 10th July 2030
Passing Rent: £15,000p.a.
Rent Increase: £16,500p.a. in July 2028
Deposit: A deposit of £3,750 is held by the landlord.
Further: The tenant is an established operator with existing businesses in Edinburgh.
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Pricing Information & Bidding
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
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Buy Now Price = £175,000
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Auction Details
Date & Time: 17 July 2025, 10am-3pm
Type: Timed Online Auction
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