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142 Main Street, Glasgow, G72

Offers in Region of
£225,000

£114.04 per sq ft

Business rates & charges may apply

TSA Property Consultants Ltd, Glasgow
SIZE AVAILABLE

1,973 sq ft

183 sq m

SECTOR

High street retail property for sale

USE CLASSUse class orders: A1 Shops and A2 Financial and Professional Services

A1, A2

Description

Town Centre Cambuslang
Ground & 1st Floor
1,973sq ft
Well Established Bookmaker
Let To Betfred
Expiry March 2033
Passing Rent: £22,500p.a.
Price: £225,000

Location

Cambuslang is a suburban town lying approximately 6 miles south-east of Glasgow within the South Lanarkshire region.

The property is in a central and prominent location on the south-western side of Main Street within a busy parade of shops and benefits from ample customer car parking at the front. Main Street is the primary retail thoroughfare for Cambuslang and the subjects occupy an established trading position upon the street.

The town offers good road links with the M74 and has good rail links to Glasgow City Centre. Nearby occupiers include Savers, Dominos, Premier Foods, Subway, Boots, Betfred and Greggs.

Property

The property comprises a ground and first floor retail unit forming part of a larger three storey building which is in multiple occupation.

The ground floor accommodation provides an open plan betting area which is fully fitted to a typical Betfred branding and fit out. The customer service counter is located towards the rear of the betting area. Beyond the betting counter there area male and female w.c. facilities.

Access to the first floor is provided via an internal fire escape located towards the rear of the property. The first floor accommodation Is utilised for staff welfare purposes

NAV/RV

£19,000

Area

The property has been calculated to extend to the following net internal area;

Ground: 102.13sqm (1,099sq ft)
1st: 81.18sqm (874sq ft)

Total: 183.31sqm (1,973sq ft)

Lease Summary

The property is held on a full repairing and insuring head lease on the following terms;

Tenant: Done Brothers (Cash Betting) Ltd t/a Betfred
Term: 31st March 2023 - 30th March 2033 (New extended lease)
Review & Tenant Break: 31st March 2028
Passing Rent: £22,500p.a.
Type: Full Repairing & Insuring with schedule of condition

Price

The property is available on a freehold basis for £225,000

V.A.T

Figures quoted exclusive of V.A.T

Viewing

Whilst it is a good idea to visit a trading business that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business.

Brochures

142 Main Street, Glasgow, G72

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cambuslang Station0.2 miles
  • Kirkhill Station0.3 miles
  • Carmyle Station1.1 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 142MSTCLINV. 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 TSA Property Consultants 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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