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74 Main Street, Glasgow, G72

Fixed Price
£175,000

£406.98 per sq ft

Business rates & charges may apply

Blue Alpine, London
SIZE AVAILABLE

430 sq ft

40 sq m

SECTOR

Takeaway for sale

USE CLASSUse class orders: A5 Hot Food Take away

A5

Description

Investment Consideration:
Gross Initial Yield: 9.51%
Rental Income: £16,640 p.a.
VAT is NOT applicable to this property
Comprises ground floor takeaway shop
Heritable investment. Scottish equivalent to freehold.
Let until 2046. No breaks. Rent review every 5 years. Tenant in occupation for 15+ years.
Nearby occupiers include Costa Coffee, Londis, Betfred, Nisa Local, Post Office and more.

Property Description:
Comprises mid-terrace ground floor takeaway, providing the following accommodation and dimensions:
Ground Floor: 40 sq m (430 sq ft)
Open plan takeaway, kitchen, store, wc

Tenancy:
The property is at present let to an Individual for a term of 25 years from 22nd January 2021 at a current rent of £16,640 per annum and the lease contains full repairing and insuring covenants. Rent review every 5 years open market upward only. No breaks. Deposit held of £4,160. Lease renewal. Tenant in occupation for 15+ years.

Location:
Cambuslang is a suburb of Glasgow and is located in the South Lanarkshire district lying 5 miles south-east of the City Centre. The town has a population in the region of 25,000 people and is well served by road, rail and public transport networks. Main Street is the main thoroughfare running through Cambuslang town centre and an established commercial trading location, with the subjects occupying a prominent position. The surrounding area is mixed commercial and residential in nature. Occupiers nearby include Costa Coffee, Londis, Betfred, Post Office and more.

Brochures

74 Main Street, Glasgow, G72

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cambuslang Station0.3 miles
  • Kirkhill Station0.3 miles
  • Carmyle Station1.1 miles

About Blue Alpine, London

54 Welbeck Street, London W1G 9XS

Blue Alpine, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can a

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Notes

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Disclaimer - Property reference Glasgow74. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blue Alpine, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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