Description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
INCOME PRODUCING INVESTMENT*** Commercial premises over ground floor (1,517 sq ft) Let to Speed Queen on a FRI lease producing £12,000pa with 15 year remaining.
Tenant: S Q Shawlands Ltd
t/a Speed Queen
Expiry: 23/01/2040
Passing Rent: £12,000p.a.x.
Break Dates: 28/01/2030 & 28/01/2035
Rent review: 28/01/2030
Arranged over ground floor area, the property is accessed via street level, with a single frontage, and has been fitted out and decorated internally to meet the tenant’s standard.
PRIME TOWN CENTRE LOCATION Neighbouring retailers include Greggs, Virgin Money, Co-op, B&M, Boots,
Sainsbury’s Local, Iceland, Oro Italian Restaurant, and independent bar and restaurant operators
Shawlands is a highly sought after
and densely populated affluent residential suburb, approximately 3 miles south of Glasgow City Centre.
INCOME PRODUCING INVESTMENT*** Commercial premises over ground floor(1,517 sq ft) Let to Speed Queen on a FRI lease producing £12,000pa with 15 year remaining.
Tenant: S Q Shawlands Ltd
t/a Speed Queen
Expiry: 23/01/2040
Passing Rent: £12,000p.a.x.
Break Dates: 28/01/2030 & 28/01/2035
Rent review: 28/01/2030
Arranged over ground floor area, the property is accessed via street level, with a single frontage, and has been fitted out and decorated internally to meet the tenant’s standard.
PRIME TOWN CENTRE LOCATION Neighbouring retailers include Greggs, Virgin Money, Co-op, B&M, Boots,
Sainsbury’s Local, Iceland, Oro Italian Restaurant, and independent bar and restaurant operators.
Shawlands is a highly sought after
and densely populated affluent residential suburb, approximately 3 miles south of Glasgow City Centre.
Kilmarnock Road forms part of Shawlands Cross, the vibrant centre of Shawlands—known for its independent cafés, bars, restaurants, and period sandstone tenements nearby.
Shawlands is a highly sought after
and densely populated affluent residential suburb, approximately 3 miles south of Glasgow City Centre.
Shawlands Arcade regeneration: A £68?million redevelopment aims to add ~300 residential units, retail, cafés, and public plaza to refresh the area
Nearby occupiers include Greggs, Virgin Money, Co-op, B&M, Boots, Sainsbury’s Local, Iceland, Oro Italian Restaurant, and numerous independent bar and restaurant operators
Full Address: 48 Kilmarnock Road, Queen Laundrette , Shawlands, Glasgow, G41 3NH
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Map & Location
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Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)
Length: 15 Years
Rent: £12,000 per year / £1,000 per month
Yield: 10% (approx)
Tenant: Company
Notes: Tenant: SQ Shawlands ltd t/a SpeedQueen Laundrette
Expiry: 23rd January 2040
Tenant Breaks in Jan 2030 & 2035
Passing Rent: £12,000p.a.x
Rent Increases: Jan 2026 £14,000p.a.x.
Jan 2027 £16,000p.a.x.
Jan 2028 £18,000p.a.x.
The tenant has a current service charge cap of £2,000 which increases by 3% per annum
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Auction Details
Date & Time: 10 July 2025, 10am-3pm
Type: Timed Online Auction
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