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Commercial Property for sale

499, London Road (Licensed Grocers), Glasgow, G401NQ

Removed £87,500

Property Description

Key features

  • Double fronted LICENSED Convenience store in prime G40 postcode. Ground floor - extending to 930.75 sq.ft (86.47 m2). Busy Bridgeton area within the City Centre (highly populated residential area). Su
  • The anticipated Rental Income is expected in the region of 12,500 per annum based on FRI Lease terms. Boasts an 10% yield based on Guide Price. Public transport is available with both bus and rail, a
  • Premises are becured by Motorised Metal Electric Roller Shutters and Security Alarm. Recently traded as U Save convenience store --- Freehold Commercial Sale --- Excellent transport links to Glasgow C
  • Internally finished to a high standard (SOLD AS SEEN) - Most Recently Occupied as a local convenience store - Sale due to retirement. The local area has seen major re-generation recently with extensiv
  • Rarely available PRIME City Centre location poised on London Road contiguous to Argyle Street within the Busy Bridgeton Area benefiting from high levels of footfall and impressive double frontage

Full description

Double fronted LICENSED Convenience store in prime G40 postcode. Ground floor - extending to 930.75 sq.ft (86.47 m2). Busy Bridgeton area within the City Centre (highly populated residential area). Suitable for rate relief (sub £15,000 p/a). Rental potential - £12,500 per annum --- Suitable for a range of uses and/or change of use - 10%-12% yield based on SALE at Guide Price. Public transport is available with both bus and rail. Main bus route on Morrison Street offering commuter direct access into the City Centre. COMPRISES: Main shop floor, rear toilets, store room and kitchen facilities. SELF CONTAINED UNIT - SUITABLE FOR MULTI PURPOSE BUSINESS - Secured by metal Electric Roller Shutters and main door roller shutter and Security Alarm. Recently traded as U-Save convenience store. Freehold Commercial Sale. Currently trading however vacant possession will be available upon completion Phone or submit an enquiry form to get the full Auction Catalogue and further details regarding this sale. Future Property Auctions, Scotland's Largest Land and Property Auctioneer.


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