851 / 853 Shettleston Road, Glasgow, G32 7NR
£113.36 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,470 sq ft
229 sq m
- SECTOR
Commercial property for sale
Key features
- Let to Ladbrokes Betting & Gaming Limited
- Arranged over ground and first floor (first floor not in use)
- Tenant has been in occupation for 20 years
- Recently renewed for 10 years from Nov 2025
- Low passing rent of £24,00 per annum (Low ITZA rate of £12.27/sq ft)
- Upwards only open-market rent review in November 2030
- Offers over £280,000 invited reflecting a gross yield of 8.57%
Description
The property is fitted out to a high standard, in Ladbrokes corporate style, providing completely open-plan accommodation to the front with customer and staff WC's to the rear together with staff tea-prep facilities.
The subjects are located within the Shettleston area of Glasgow just 3 miles east of Glasgow City Centre.
More specifically the subject proeprty is situated on the north side of Shettleston Road (A89), a short distance west of its junction with Wellshot Road.
Shettleston Road is a busy main arterial route with high volumes of passing traffic connecting with the city centre travelling west together with various neighbouring areas of the east end travelling east.
Regular bus services operate on Shettleston Road whilst Carntyne Railway Station is a 5 minute walk north.
Neighbouring occupiers include The Town Tavern, The Cottage Bar, Liqour Barn and Glasgow Independant Funeral Care.
Let to Ladbrokes Betting & Gaming Limited (00775667)
5A1 D&B Rating
Tenant has been in occupation for 20 years
Recently renewed for a further 10 years from November 2025
Low passing rent of £24,000 per annum (£12.27/sq ft Zone A)
Upwards only OMR review in Nov 2030 and tenant only break option with 6 months notice
Brochures
851 / 853 Shettleston Road, Glasgow, G32 7NR
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Carntyne Station0.3 miles
- Shettleston Station0.6 miles
- Carmyle Station1.4 miles
Notes
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