The subjects comprise a fully fitted Class 3 Restaurant corner unit, located within Princes Mall, East Kilbride. Internally, the unit has undergone substantial investment, resulting in a well-designed and spacious interior. The open floor plan allows for flexible usage, accommodating both tabled seating and booth seating areas. The unit also includes dedicated counters for serving customers. Additionally, there are food preparation stations and refrigeration units located towards the rear. Male and female W/C are also provided. The subjects benefit from dual frontage and access from both within the mall itself and via Olympia Way
Location
East Kilbride is located approximately 6 miles southeast of Glasgow city centre. Princes Mall East Kilbride is a major retail destination in the town, and is Scotland's largest covered retail and leisure destination, offering a wide range of restaurants and entertainment options as well as both local and national retailers including H&M, JD Sports, and Primark. It is easily accessible by various means of transportation. The M77, M74, and M8 motorways are all in close proximity to the unit and provide excellent access to the rest of the West of Scotland.
Accommodation
197.5 Sqm (2,125 Sqft)
Terms
LEASE TERMS Currently leased on an FRI basis to Alderforce SC Limited t/a Kentucky Fried Chicken (KFC) 20 year lease from the date of entry, 28th May 2019 Passing rent of £40,000 per annum Our clients intention is to assign their leasehold interest in the subjects Further lease information can be made available to seriously interested parties upon written request. Offers are invited for the benefit of the existing M&E. A full itemised list is available to seriously interested parties upon request.
PLANNING We understand the property has the appropriate planning consents for their existing use. The property may suit alternative uses subject to obtaining all necessary planning consents. It will be incumbent upon any incoming operator to satisfy themselves in this respect
RATEABLE VALUE The subjects are currently entered into the Valuation Roll at a rateable value of £26,250. The rate poundage for 2024/2025 is 49.8p to the pound.
ENERGY PERFORMANCE CERTIFICATE A copy of the energy performance certificate can be provided to interested parties.
VAT All figures quoted are exclusive of VAT at the prevailing rate
Specification
- Prime Fully fitted shopping centre food outlet
- Established shopping centre location
- Located next to east Kilbride Bus Station
- Rent: £40,000 p.a. Premium:
- Offers Invited For Existing M&E A orange circle with a black