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Description
PRIME INVESTMENT***tenanted TOWN CENTRE ground floor property in EXCELLENT TRADING POSITION Let to AIMERY AND GILBRIDE PHARMACY Rental £42,000 per annum Expiry June 2039 V.A.T. Free Investment
INCOME PRODUCING INVESTMENT*** AIMERY AND GILBRIDE PHARMACY Full Repairing and Insuring Lease 13 Years remaining on lease Rental : £42,000 per annum
The premises comprise a double fronted retail unit arranged over the ground floor only and form part of a residential building under a flat roof benefitting from air conditioning system throughout.
The property has been fitted out to a high standard in accordance with the tenants corporate specifications Area: 1,542 sq ft (143 sq m) ITZA: 1,261 sq ft (117 sq m)
PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION ON POPULAR RETAIL PARADE *** High Passing Footfall
PRIME INVESTMENT***tenanted TOWN CENTRE ground floor property in EXCELLENT TRADING POSITION Let to AIMERY AND GILBRIDE PHARMACY Rental £42,000 per annum INCOME PRODUCING INVESTMENT*** AIMERY AND GILBRIDE PHARMACY Full Repairing and Insuring Lease Rental : £42,000 per annum The premises comprise two double fronted retail unit arranged over the ground floor only and form part of a residential building under a flat roof. The area has been calculated to extend to the following net areas: Ground floor Area: 1,542 sq ft (143 sq m) ITZA: 1,261 sq ft (117 sq m) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION ON POPULAR RETAIL PARADE ***
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 13 Years
Rent: £42,000 per year / £3,500 per month
Yield: 9% (approx)
Tenant: Company
Notes: Let to Amiry & Gilbride Healthcare Ltd expiring June 2039, with tenants option in 2029 & 2034 currently passing £42,000p.a.
Maps & Location
Map Street View SatelliteGlasgow is Scotland’s largest city and has an immediate population of approximately 600,000 people and a retail catchment in the order of 2 million people. Great Western Road provides one of the main arterial routes running through the West End of Glasgow. This area caters for the popular residential areas of Anniesland, Kelvindale and Jordanhill. The premises are located on the south side of Great Western Road in a prominent corner position at Anniesland Cross. Nearby occupiers include Baynes, Domino’s Pizza, Subway, Poundland, Boots the Chemist, Black and Lizars Opticians and the Morrisons Supermarket development including the Gym Group, Lidl and Costa.
Document Downloads
Pricing Information & Bidding
Opening Bid: £489,000
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* 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.
General Terms & Conditions of Sale
Lot Specific Terms - 1600Great Western Road, Retail Investment, Glasgow