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Description

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

TENANTED SINGLE FRONTED Retail Premises on main West End to Clydebank Arterial Route. Currently Let on FRI Lease at £3,800 Per Annum. £313 PER MONTH. Under Market Let. Rent potential £10k.

Central location close to the Clydeside Expressway, Garscadden train station and bus routes directly into the City Centre, Clydebank and Dumbarton. High Passing trade by footfall and cars.

Modern £1.7 Million Plean Street Centre for Health and Care has further boosted footfall. Major Regional Industry and Employers are located nearby including: GTG Training, Arnold Clark and BAE Systems

Tenant is KAROLYI'S OFF LICENCE LIMITED. Popular Retail Parade. Tenant currently pays £313 PER MONTH £3,756 per annum. Tenanted Investment Opportunity with established tenant and trading location.

Potential to create substantial Increase in Value. Nearby Occupiers include: Public House, BetFred Bookmakers, Laundrette, Hairdresser, Convenience Store, Takeaways and Yoker Housing Association.

* READY LET INVESTMENT* Licensed off sales premises in central and highly visible location close to the Clydeside Expressway, West End train Stations and Bus Routes directly into the City Centre, Clydebank and Dumbarton. Highly visible Unit. This property is located in a unique position. Asset Management potential via larger site acquisition or attracting tenants that would compliment the surrounding occupiers. COMPRISES: Open plan sales areas with service counter, office space, staff kitchen and toilet facilities. Glazed frontage with roller shutters access. ** Excellent local transport links including being within close proximity of a number of occupied commercial premises and high residential population ** Nearby Occupiers include: Public House, Bookmakers, Laundrette, Hairdresser, Convenience Store, Takeaways and Yoker Medical Centres *** Major Regional Employers are within the local Vicinity including GTG Training, Arnold Clark and BAE Systems Shipbuilding Yard and Renfrew Ferry Terminal with connections to Yoker and Renfrew. ***Over 20,000 vehicles pass a week *** 100% Rates discount applies under Glasgow City Council small business scheme as rateable value less £15,000 benefitting any tenant.

5 miles from Glasgow City Centre very busy spot with 100% let properties. 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. Potential for change of use subject to consents (Take away class 3 etc) subject to consents.

Full Address: 2356 Dumbarton Road, West End Glasgow, G14 0JX

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Tenancy Details

Type of Agreement: Basic Lease
Length: Annual
Rent: £3,756 per year / £313 per month
Yield: 7% (approx)
Tenant: Private Individual
Notes: Tenant currently pays £313 PER MONTH £3,756 per annum. Tenanted Investment. Under let Rent potential £10k

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Pricing Information & Bidding

Opening Bid: £52,000

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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Offer Now... You may submit an offer now on this property for the owner to consider. 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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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 £1,750 for on time settlement

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

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Buy Now Price = £65,000

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Auction Details

Date & Time: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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