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Description

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

INCOME PRODUCING INVESTMENT** Fully fitted Restaurant. FRI Lease producing £26,000 per annum ***RARE WEST END GLASGOW RESTAURANT OPPORTUNITY RENT POTENTIAL £50-55,000 per annum ***VAT FREE PURCHASE

Tenant: Personal Name Expiry: 6th January 2029 Passing Rent: £26,000p.a. The property is a well established dining establishment within the west end of Glasgow’s culinary array.

Offers a prominent frontage with multiple display windows and access via a time and glazed door leading to an open plan restaurant with a mixture of fixed booth and loose seating plus bar and WC's.

The property has been measured on a net internal area basis extending to the following floor area; Ground: 75.43sqm (812sq ft) Basement: 64.03sqm (689sq ft) Total: 139.46sqm (1,501sq ft)

PERFECT LOCATION The location is a very popular restaurant / café destination including Cafézique, Partick Duck Club, Celino’s Restaurant and BKK Thai Food.

INCOME PRODUCING INVESTMENT** Fully fitted Restaurant. FRI Lease producing £26,000 per annum ***RARE WEST END GLASGOW RESTAURANT OPPORTUNITY RENT POTENTIAL £50-55,000 per annum ***VAT FREE PURCHASE Tenant: Personal Name Expiry: 6th January 2029 Passing Rent: £26,000p.a. The property is a well established dining establishment within the west end of Glasgow’s culinary array. Offers a prominent frontage with multiple display windows and access via a time and glazed door leading to an open plan restaurant with a mixture of fixed booth and loose seating plus bar and WC's. The property has been measured on a net internal area basis extending to the following floor area; Ground: 75.43sqm (812sq ft) Basement: 64.03sqm (689sq ft) Total: 139.46sqm (1,501sq ft) PERFECT LOCATION The location is a very popular restaurant / café destination including Cafézique, Partick Duck Club, Celino’s Restaurant and BKK Thai Food.

The premises are situated on the west side of Hyndland Street, close to its junction with Chancellor Street, in the heart of Glasgow’s vibrant West End, and lie approximately 2 miles from the city centre. The West End is a populated residential location and the immediate surrounding area has a large resident student population with the University of Glasgow being a short walk from the subjects. There have been a number of large student housing developments built in recent times with others currently on-site further boosting the student population locally. The location is a very popular restaurant / café destination including Cafézique, Partick Duck Club, Celino’s Restaurant and BKK Thai Food. Kelvinhall Subway Station is closeby. The West End Farmers Market takes place every second week directly opposite in Mansfield Park.

Full Address: 39-41 Hyndland Street, Let Restaurant Investment, Glasgow, G11 5QF

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Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 4 Years
Rent: £26,000 per year / £2,167 per month
Yield: 5% (approx)
Tenant: Company
Notes: Held on F.R.I. Lease Expiry: January 2029 Passing Rent: £26,000p.a.

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Pricing Information & Bidding

Opening Bid: £495,000

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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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Auction Details

Date & Time: 19 June 2025, 10am-3pm
Type: Timed Online Auction

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