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Mecca Bingo, The Forge, 1221 Duke Street, Glasgow, G31 4EB

not specified / Leisure

Withdrawn - Last updated: 05 October 2020

The property comprises a purpose built bingo hall in an established retail and leisure location. The building can be easily adapted to accommodate other uses, subject to planning, however currently benefits from the following salient points: §  Purpose
built bingo hall

§  The
building can be easily adapted to accommodate other uses, subject to planning

§  Total
gross internal area – 4,497.9 sqm (48,417 sqft)

§  Let to
Rank Group Gaming Division Limited

§  Current
rent - £XXX per annum (£XXX psf)

§  Lease
expiry 28 September 2022

§  Tenant
option to extend for a further 10, 15 or 20 years

§  Offers in
excess of £XXX reflecting an attractive net initial yield of 11.86% assuming purchaser’s costs of 5.8% Further detailed information is available at www.mbinvestments-glasgow.com

Location

Mecca Bingo, The Forge, 1221 Duke Street, Glasgow , G31 4EB, Lanarkshire, Scotland


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