Retail Property (high street) for sale

10 Cochrane Street, Barrhead, Glasgow, G78

Offers in Excess of 945 sq. ft. | £75,000

Property Description

Commercial information

  • 945 sq ft (87 sq m)

Key features

  • Small Office / Retail Investment
  • Fully upgraded to a high standard
  • FRI lease expiring 17 June 2020
  • Passing rent 8,000 per annum rising to 9,000 per annum
  • VAT free investment

Full description

Location:

The subjects are located on the north side of Cochrane Street, close to its junction with Main Street (A738) to the south, within the town of Barrhead, lying approximately 10 miles south west of Glasgow City Centre. The unit is well positioned to benefit from public transport links, with numerous bus services running along Main Street and Barrhead train station situated a short distance away.


Description:

The subjects comprise a ground and basement retail unit within a three storey and basement tenement building of sandstone and brick construction. The frontage comprises double glazed PVC framed windows with a central single PVC framed and partially glazed entrance door, all protected by roller shutters.

Internally, the subjects are situated over ground and basement. The ground floor has a separate office, an open plan area with kitchen facilities and single toilet to the rear.

The basement is accessed via a timber stairway at the rear of the ground floor. The basement is predominantly open plan with storage shelving sections. There is also a further toilet situated to the rear.

The premises have been fully upgraded to a high standard by the existing tenant.


Accommodation:
In accordance with the RICS Code of Measuring Practice, we calculate the net internal area of the property to be as follows :-


Ground Floor 510 sq.ft. (47.38 sq.m.)
Basement 435 sq.ft. (40.44 sq.m.)
Total 945 sq.ft. (87.82 sq.m.)





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Tenure :

The property is held on a heritable title (Scottish equivalent of English freehold).


Tenancy :

The subject premises are let to Compass (Barrhead) Limited on a full repairing and insuring basis for a period of 10 years from 18 June 2014 to 17 June 2020. The current rent is 8,000 per annum, increasing to 9,000 per annum with effect from 17 June 2016 until lease expiry.


Rateable Value:

The property is entered in the Valuation Roll with a current Rateable Value of 4,700 effective from 1 April 2010. The current rate poundage in Renfrewshire is 46.2p.


Planning:
The property has planning consent for Class 2 office use and Class 1 consent under permitted development.


Price :
Offers in excess of 75,000 are invited for the freehold interest in the property.


VAT:
The property is not VAT elected and therefore no VAT is payable.


EPC:
The Energy Performance Certificate for the property can be made available on request.


Legal Costs:
Each party will be responsible for payment of their own legal costs incurred in the transaction.

Nearest stations

  • Barrhead (0.3 mi)
  • Nitshill (1.6 mi)
  • Neilston (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Neil Munro Property Consultancy Ltd, Glasgow

21 West Nile Street, Glasgow, G1 2PS

0141 392 0835 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Barrhead (0.3 mi)
  • Nitshill (1.6 mi)
  • Neilston (1.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Neil Munro Property Consultancy Ltd, Glasgow

21 West Nile Street, Glasgow, G1 2PS

0141 392 0835 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 10CochraneStreet. 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 Neil Munro Property Consultancy Ltd, Glasgow. 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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