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1061 Shettleston Road , Glasgow, G32 7PE

1,850 Sq Ft / Retail

For Sale - £198,000.00

Available - Last updated: 18 June 2024

Busy Location

Rarely Available Investment

Let to Betfred

Expiry Feb 2027

Passing Rent: £16,743.71p.a.

V.A.T. Free Investment 

Price: £198,000

 

Location

 

The subject property is located in the Shettleston area of Glasgow’s East End approximately 5 miles from the city centre. 

More specially the subject property is situated on the north side of Shettleston Road between its junctions with Chester Street & Evie Street within its prime section where neighbouring occupiers include “The Drum” Public House, Boots, Greggs and Anderson Maguire Funeral Directors. 

 

Property

 

The property comprises mid-terraced single storey ground floor retail premises. 

Internally the property offers a large open-plan retail accommodation with public front area and staff / customer toilets, kitchen tea prep found to the rear, heating and cooling is provided by way of air conditioning units recessed within the suspended acoustic tile ceiling.  

Free on-street parking is found immediately to the front of the subjects. 

 

Area

 

The property has been calculated to extend to the following Net Internal area;

 

171.91sqm (1,850sq ft)

 

Executive Summary

 

The property is held on a full repairing and insuring head lease on the following terms;

 

Tenant: Done Brothers (Cash Betting) Ltd

Expiry: February 2027

Passing Rent: £16,743.71p.a.

Option To Extend: The tenant has an option to extend for a further 15years

 

Price

 

Our client is offering their freehold interest in the subjects for £198,000

 

V.A.T.

 

The property has not been elected for V.A.T.

 

E.P.C.

 

Available on request

 

Lease

 

Available on request

 

Legal

 

Each party shall bear their own legal costs incurred in the transaction.

 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £198,000.00 NA

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Will Rennie

TSA Property Consultants

0141 538 0192

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