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Dumbarton Road, Duntocher, Clydebank, G81 6DS

Offers in Excess of
£625,000

£176.85 per sq ft

Business rates & charges may apply

TSA Property Consultants Ltd, Glasgow
SIZE AVAILABLE

3,534 sq ft

328 sq m

SECTOR

Office for sale

Key features

  • Highly prominent site at the junction of Dumbarton Road and Great Western Road(A82) in the Clydebank area of Greater Glasgow
  • Proposed Full Repairing and Insuring lease, subject to a Schedule of Condition, to The Independent Family Funeral Directors Ltd trading as Fosters Family Funeral Directors
  • The lease is for a period of 15 years subject to a tenant’s only break option at the end of year 10
  • Rent going to £47,000p.a.x in 2026 with the benefit of 5 yearly uplifts linked to CPI, capped and collared between 3% and 1% per annum, compounded annually
  • The property extends to a gross internal area of 3,637 sq ft on a site of 0.48 acres with customer parking for 19 cars
  • Price: o/o £625,000

Description

The property extends to a gross internal area of 3,637 sq ft on a site of 0.48 acres with customer parking for 19 cars.

Formerly an MOT car service centre, a change of use was granted in September 2018 for Class 1 – Funeral Directors. Our client subsequently undertook a substantial refurbishment and fit out of the building to create the current configuration

The property is held on a full repairing and insuring head lease for 15 years, from 7th October 2021, subject to a tenant only break option at the end of year 10 exercisable on not less than 6 months written notice. The current passing rent is £40,000 per annum (£11.00 per sqft) with the benefit of 5 yearly uplifts linked to CPI, capped and collared between 3% and 1% per annum, compounded annually. The next review will result in a rent increase to £47,000p.a from October 2026

The lease is held by the main operating company within the group, The Independent Family Funeral Directors Ltd trading as Fosters Family Funeral Directors. The lease will be subject to a Schedule of Condition to document its current condition. The repairing clause is restricted so that the tenant is not obliged to put the premises into any better condition than as evidenced in the Schedule of Condition.

Situated in the Duntocher area of Clydebank, part of Greater Glasgow, the property occupies a very prominent corner site fronting onto the A82 Great Western Road. This is a main arterial road traffic route linking Glasgow’s West End to Dumbarton and onwards to Loch Lomond and the west coast of Scotland.

Brochures

Dumbarton Road, Duntocher, Clydebank, G81 6DS

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Dalmuir Station0.8 miles
  • Singer Station1.2 miles
  • Kilpatrick Station1.2 miles

About TSA Property Consultants Ltd, Glasgow

162 Buchanan Street, Glasgow, G1 2LL

Notes

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Disclaimer - Property reference 384649-1. 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.