Description
PRIME INVESTMENT***tenanted TOWN CENTRE ground floor property in EXCELLENT TRADING POSITION Let to William Hill with 3 years unexpired on the lease on a stepped rental from £36,000 per annum.
INCOME PRODUCING INVESTMENT*** Let to William Hill Org Ltd Full Repairing and Insuring Lease Term: 3 Years remaining Stepped rent from £36,000 per annum to £38,000 per annum.
The premises comprise a double fronted retail unit arranged over the ground floor only and form part of a residential building under a flat roof. The property has been fitted out to a high standard.
The area has been calculated to extend to the following net areas: Ground floor Area: 2,121sq ft (197 sq m) ITZA: 1,560 sq ft (145 sq m)
PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION ON POPULAR RETAIL PARADE ***
PRIME INVESTMENT***tenanted TOWN CENTRE ground floor property in EXCELLENT TRADING POSITION Let to William Hill with 3 years unexpired on the lease on a stepped rental from £36,000 per annum. INCOME PRODUCING INVESTMENT*** Let to William Hill Org Ltd Full Repairing and Insuring Lease Term: 3 Years remaining Stepped rent from £36,000 per annum to £38,000 per annum. The premises comprise two double fronted retail unit arranged over the ground floor only and form part of a residential building under a flat roof. The area has been calculated to extend to the following net areas: Ground floor Area: 2,121sq ft (197 sq m) ITZA: 1,560 sq ft (145 sq m) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION ON POPULAR RETAIL PARADE ***
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 3 Years
Rent: £38,000 per year / £3,167 per month
Yield: 8% (approx)
Tenant: Company
Notes: Stepped rent from £36,000 per annum to £38,000 per annum.
Maps & Location
Map Street View SatelliteGlasgow is Scotland’s largest city and has an immediate population of approximately 600,000 people and a retail catchment in the order of 2 million people. Great Western Road provides one of the main arterial routes running through the West End of Glasgow. This area caters for the popular residential areas of Anniesland, Kelvindale and Jordanhill. The premises are located on the south side of Great Western Road in a prominent corner position at Anniesland Cross. Nearby occupiers include Baynes, Domino’s Pizza, Subway, Poundland, Boots the Chemist, Black and Lizars Opticians and the Morrisons Supermarket development including the Gym Group, Lidl and Costa.
Document Downloads
Pricing Information & Bidding
Opening Bid: £450,000
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £3,250 + vat)
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
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General Terms & Conditions of Sale
Lot Specific Terms - 1594Great Western Road, Retail Investment, Glasgow