74 Main Street is the Indian takeaway prominently positioned on the ground floor of a traditional sandstone 3-storey tenement building with private residential located on the upper floors. The shop has a roller shutter secured frontage display window and entrance doorway.
Internally the unit is broadly rectangular in shape and has been sub-divided to form a front customer waiting area with sales counter, rear kitchen and prep area, storage and staff toilet.
Location
Main Street is the main thoroughfare running through Cambuslang town centre and an established commercial trading location, with the subjects occupying a prominent position. The surrounding area is mixed commercial and residential in nature.
Cambuslang is a suburb of Glasgow and is located in the South Lanarkshire district lying 5 miles south east of the City Centre.
The town has a resident population in the region of 25,000 persons and is well served by road, rail and public transport networks.
Accommodation
The Net Internal floor area of the property is 39.86 sq.m. (429 sq.ft.) approx.
Terms
LEASE TERMS - The subjects are let to Mohammed Amjid T/A Tandoori Knights on a full repairing and insuring lease expiring 30 October 2037 and incorporating a 3 yearly rent review pattern with the next due on 1st September 2020. The current passing rent is £16,640 per annum.
PRICE - Offers Over £160,000, exclusive of VAT (if applicable) are invited for our clients Heritable interest in the investment, which reflects a Gross Yield of 10.2%.
EPC - Available upon request.
LEGAL COSTS - Each party to be responsible for their own legal costs.
Specification
- Established commercial location within Cambuslang town centre.
- Prominent Indian hot food takeaway trading as Tandoori Knights.
- Net Internal area 39.86 sq.m (429 sq.ft)
- Let until 30 October 2037 with 3 yearly rent review.
- Passing Rent £16,640 per annum
- Offers Over £160,000