The subjects comprise a traditional lock up shop unit, arranged over ground floor only and forming part of a larger four storey traditional stone built tenement surmounted by a pitched roof clad in tiles The property benefits from a glazed frontage to Alexandra Parade, arranged internally to provide an open plan sales area with storage and toilet compartment to the rear of the property.
Location
The property is situated on the south side of Alexandra Parade (A8), a main thoroughfare leading through the district of Dennistoun which lies approximately 2 miles to the east of Glasgow City Centre. Alexandra Parade forms a busy traffic and public transport thoroughfare with the A8 forming an arterial route leading from Glasgow City Centre with access afforded to the M8 motorway a short distance to the north, via junctions 12 and 14. Alexandra Parade train station is a short walk to the east.
Alexandra Parade is a popular secondary retail location with surrounding occupiers comprising a mix of local and national covenants including Day-Today, Countrywide, Anderson Maguire Funeral Services, Macnairs Solicitors and Renfrew & Co Solicitors whilst Celino’s Delicatessen is one of a number of reputable and long established eateries within the local area.
Accommodation
According to measurements taken on site, we estimate the net internal are of the property to be as 43.11 sq.m (464 sq.ft) over ground floor only.
Terms
DISPOSAL TERMS - “Offers in excess of £XXX” are invited for the benefit of our client’s heritable interest in the property, subject to vacant possession.
DATE OF ENTRY - The subjects will be available for occupation 3 months following conclusion of missives to allow sufficient time for the winding down of the existing business.
RATING ASSESSMENT - From the Scottish Assessors website, we note that the subjects are entered in the current Valuation Roll at a Rateable Value of £XXX
Please note that a new occupier has the right to appeal the current assessment.
ENERGY PERFORMANCE - A copy of the Energy Performance Certificate (EPC) can be made available on request.
VAT - We are advised by our client that the property is not elected for VAT and accordingly, VAT will not be payable on the purchase price.
Specification
- Located along well let and established secondary retail pitch
- Arranged over ground floor only
- Suitable for a variety of retail uses
- Net internal area of 43.11 sq.m (464 sq.ft) approx.
- Rates exempt, subject to occupier qualification
- VAT exempt
- Offers in excess of £XXX