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Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

PRIME INVESTMENT***Ground Floor with basement retail Unit in in EXCELLENT TRADING POSITION. Tenanted and producing £10,000 per annum market rent £13,000 per annum. Rates free Unit

INCOME PRODUCING INVESTMENT*** The property is let on a personal name t/a Mr Said Licenced Grocer expiring 2035. The current passing rent is £10,000 per annum

The property offers a single frontage with the interior presented in an open plan layout with partitioned w.c, tea prep and store room situated in the basement.

The area has been calculated to extend to the following net areas: Ground: 50.53sqm (543sq ft) Bsm: 23.43sqm (253sq ft) Total: 73.96sqm (796sq ft)

PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Market rent is £13,000. Rates free retail unit

PRIME INVESTMENT***Ground Floor with basement retail Unit in in EXCELLENT TRADING POSITION. Tenanted and producing £10,000 per annum market rent £13,000 per annum. Rates free Unit INCOME PRODUCING INVESTMENT*** The property is let on a personal name t/a Mr Said Licenced Grocer expiring 2035. The current passing rent is £10,000 per annum The property offers a single frontage with the interior presented in an open plan layout with partitioned w.c, tea prep and store room situated in the basement. The area has been calculated to extend to the following net areas: Ground: 50.53sqm (543sq ft) Bsm: 23.43sqm (253sq ft) Total: 73.96sqm (796sq ft) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Market rent is £13,000. Rates free retail unit

The property is situated on the east side of Victoria Road, south of its junction with Dixon Avenue in Glasgows south side. The locale of Queens Park is a vibrant and upcoming neighbourhood with a host new bars, restaurant and cafes with demand for residence and indeed commercial occupation rapidly increasing. The property is well located with ample public transport and on street parking available in abundance. Neighbouring occupiers include Boots, Tesco, Bank of Scotland, SLB Coffee, Loop & Scoop and St Brides Primary School

Full Address: 471 Victoria Road, Tenanted Investment, Glasgow, G42 8RL

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Map & Location

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 9 Years
Rent: £10,000 per year / £833 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes: The property is let on a personal name t/a Mr Said Licenced Grocer expiring 2035. The current passing rent is £10,000 per annum

Document Downloads

(Available) Legal Docs (Available)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

Pricing Information & Bidding

Opening Bid: £111,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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SPECIAL Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • 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

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 19 March 2026, 10am-3pm
Type: Timed Online Auction

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