Prominent Retail Unit
Well Presented Internally
Electric Roller Shutter
Held on F.R.I Lease
Expiry November 2024
Personal Name
Passing Rent: £8,XXX.a
Freehold On Application
Location
The subjects are situated on the South side of Dumbarton Road (A814) close to its junction with Burnham Road within the Scotstoun area of Glasgow. Glasgow City centre lies approximately 5 miles to the East with the subjects benefitting from excellent public transport links being in close proximity to a number of bus stops leading to Clydebank, Dumbarton & Glasgow City centre.
The surrounding area comprises a mixture of residential and commercial occupancies, neighbouring occupiers include B.A.E Systems, Sinclair Pharmacy, William Hill Bookmaker, Corryvrechan Public House & Plean St Dental Practice.
Subjects
The subjects comprise a mid-terrace ground floor, single storey retail unit within a larger 4 storey traditional tenemental parade surmounted by a flat roof overlaid in concrete. Benefitting from a prominent frontage with extensive display windows and signage, the frontage is secured by an automatic aluminium roller shutter. Internally the subjects form open plan sales area with partitions erected to form tea prep area and w.c. facilities. The subjects benefit from laminated timber flooring with lighting provided by way of fluorescent strips and halogen spot lights recessed within the suspended acoustic tile ceiling.
Area
The subjects have been measured in accordance with the RICS Code of measuring practice on a Net Internal Area basis to offer:
Ground: 65.67sqm (707sq ft)
NAV/RV
The subjects have been assessed and entered onto the valuation roll with the following NAV/RV;
£8,000
The subjects qualify for rates exemption under the small business rates relief scheme
Executive Summary
The property is held on a Full Repairing and Insuring head lease on the following terms
Tenant: Personal Name t/a “The Mattress Store”
Expiry: November 2024
Passing Rent: £8,XXX.a.
Deposit: A deposit of £2,000 is held by the landlord
Further Info: The tenant operates businesses under the same name in 3 other locations within the west coast of Scotland
Proposal
Our client is offering the property on a freehold basis, price on request.
V.A.T
Prices quoted are exclusive of V.A.T
E.P.C
Available on request
Viewing
By appointment only
Legal
Each party shall bear their own legal costs incurred in the transaction
LBTT
The purchaser shall be responsible for any LBTT dues incurred in the transaction.