74 Main Street, Glasgow, G72
- SIZE AVAILABLE
430 sq ft
40 sq m
- SECTOR
Takeaway for sale
- USE CLASSUse class orders: A5 Hot Food Take away
A5
Description
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
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
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.
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Notes
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