Tenanted Commercial Property LOT 21

 Black Rooster, Dumbarton Road, Dumbarton, G82 2TN
GUIDE PRICE

Deadline for Offers

25 June 2021, 4pm

Bidding Closes in

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  • TypeCommercial
  • Ownership Freehold
  • Occupation Tenanted
  • Rateable Value Search SAA

Description

Full Address:  Black Rooster, Dumbarton Road, Dumbarton, G82 2TN

*** NEW 15 YEAR LEASE TO BLACK ROOSTER *** Substantial Commercial Unit in prime location extending to approx. 6,000 sq.ft and extensive parking. Rental 52,500pa rising to 62,500 until March 2035. 15 Year FRI Lease. Let to BLACK ROOSTER.

Ground Floor Comprises; Lounge Bar over split levels, Main restaurant which is over split levels, commercial kitchen, stores, beer cellar and staff areas. *** 100% PRIME location*** Trading well with income of approx 20,000 per week.

First Floor Comprises; Two apartments with separate access. First apartment has 3 bedrooms, lounge, kitchen & bathroom. Second apartment has kitchen, bathroom & bedroom/lounge area.

Super frontage. Former Stonefield Public House.***SUPER SIZE. circa 6000 sq feet. *** Substantial car park to the rear and outside areas to the front and side. ***40,000 passing vehicles daily***

Sure to attract strong investor interest due to location and price. Close to Clyde Tunnel, Yoker Train Station, Clydebank whilst minutes to trendy Byres Road, Glasgow University & Kelvingrove Park.

*** NOW LET 55,000 P.A*** Substantial Commercial Unit in prime location extending to approx. 6,000 sq.ft. Rental 52,500pa rising to 62,500 until March 2035. 15 Year FRI Lease. Let to BLACK ROOSTER. 100% PRIME location*** Ground Floor Comprises; Lounge Bar over split levels, Main restaurant which is over split levels, commercial kitchen, stores, beer cellar and staff areas. First Floor Comprises; Two apartments with separate access. First apartment has 3 bedrooms, lounge, kitchen & bathroom. Second apartment has kitchen, bathroom & bedroom/lounge area. Super frontage. Former Stonefield Public House.***SUPER SIZE. circa 6000 sq feet. *** Substantial car park to the rear and outside areas to the front and side. Sure to attract strong investor interest due to location and price. Close to Clyde Tunnel, Yoker Train Station, Clydebank whilst minutes to trendy Byres Road, Glasgow University & Kelvingrove Park.

5 miles from Glasgow City Centre very busy spot. Competitively Priced To Guarantee a Quick Sale. Sure to attract strong investor interest due to location and price. Close to Clyde Tunnel, Yoker Train Station, Clydebank whilst minutes to trendy Byres Road, Glasgow University, Kelvingrove Park and Crow Road/Hyndland.

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Floorplans

  Black Rooster, Dumbarton Road  Dumbarton

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 15 Years
Rent: 52,500 per year / 4,375 per month
Yield: 9% (approx)
Tenant: Company
Notes: Rental 52,500pa rising to 62,500 until March 2035. 15 Year FRI Lease. Let to BLACK ROOSTER.

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Location

Pricing Information & Bidding

Guide Price: £575,000


What is a Guide Price... Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change prior to the auction.

Offer Now... You may submit an offer now on this property for the owner to consider ahead of the set auction. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 5% Deposit
  • 8 Weeks Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 25 June 2021, 4pm
Type: Deadline for Offers

View Full Auction Catalogue

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