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Prominent Class Three Sui Generis Unit In Glasgow For Sale

Glasgow, Glasgow City, UK
Asking Price:
On request
Turnover:
Not applicable
Net Profit:
Not applicable

Highly visible shop premises. Located across from Wellpark Brewery on Duke Street. Very busy trading location, close to Merchant city, Universities and Cathedral. Immediate surrounding area has undergone substantial residential and commercial development. Class 3 Sui Generis Unit. GIA 83.16 sq. m. RV - £10,400. Rates exempt. New FRI lease. Rent £17,000 pa. 6 month rent deposit required. An excellent opportunity.

Leasehold Rental £17,000 per annum.

The subjects occupy a very prominent and high-profile trading location on Duke Street. Duke Street is a prominent arterial route leading from Glasgow city centre to the east of the city. The location boasts a high daily footfall. The immediate area around the subjects has undergone significant redevelopment over the last 5 years. There is a substantial mix of new residential, student residential as well as commercial development all around the property.

The subjects are also equidistant between the Merchant City to the west and bustling commercial centre of Duke Street to the east. The subjects are also close to two main campuses of Strathclyde University and Glasgow Caledonian university as well as Glasgow Cathedral.

This is an excellent opportunity to acquire the lease of a well-positioned shop premises located in a very busy trading location just to the east of Glasgow city centre/Merchant city.

We are advised that the site benefits from Class 3 Sui Generis. The premises previously traded as a pizzeria and a roll shop.

Property Information

Property:

Leasehold

Lease Terms:

The business and property are offered on a leasehold basis. Our clients will offer a new 15 FRI lease. Initial rent will be £17,000 per annum. Prospective tenants will also be asked to provide a 6 month rent deposit.

Location:

The subjects occupy a very prominent and high-profile trading location on Duke Street. Duke Street is a prominent arterial route leading from Glasgow city centre to the east of the city.

Premises Details:

The subjects occupy a ground floor shop unit in a 4 storey Victorian tenement property. The premises are secured by an electronic roller shutter over the door/entrance.
Internal details briefly comprise: The subjects are a well lit and open plan shop premises extending to 83.16 sq. metres. The site has a customer toilet and a staff toilet, in addition to a rear kitchen area with two associated stores located off.

Other Information

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