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Property Including The Fixtures And Fittings In Glasgow For Sale

Glasgow, East Dunbartonshire, UK
Asking Price:
Offers in excess of £60,000 Offers over £60,000 are sought for our client’s leasehold interest in the property including the fixtures and fittings in situ.
Turnover:
Undisclosed
Net Profit:
Undisclosed

The subjects comprise a ground and basement floor hot food takeaway within a mixed-use masonry building arranged over four floors.

The takeaway is accessed via a single recessed pedestrian door which leads into the customer waiting area. Internally, the space is fitted out to a high standard with corporate branding. The commercial kitchen is, as expected, fitted out to a professional standard with extract ventilation, conveyor gas fired pizza oven, pizza prep station and a range of stainless steel sink units, utility basins and fitments.

A comprehensive range of floor and wall mounted style units are installed with appropriate worktops. The floor is of tile/commercial vinyl, walls covered with splash backs and the suspended grid ceiling incorporates LED spot lighting. There are 2 independent walk-in chill/freezer rooms and ancillary accommodation to the rear.

The basement provides further storage space, admin office and staff welfare facilities.

Bearsden, situated within East Dunbartonshire, lies 7 miles north west of Glasgow city centre. The property is located on the east side of Drymen Road at its junction with Rosevale Road directly opposite Bearsden Railway Station. Drymen Road is one of the main arterial routes through Bearsden and provides access to local bus routes. Nearby occupiers include Clyde Property, Halfords and Co-Op Bearsden.

Tenure: The lease is available by way of assignation, for the residual term of the lease, which expires in August 2040. The current rent is £22,000 per annum. The rent is subject to an open market rent review in August 2030 and at 5 yearly intervals. There is a break option in August 2035.

Premium: Offers over £60,000 are sought for our client’s leasehold interest in the property including the fixtures and fittings in situ.

Rateable Value: According to the Scottish Assessors Association, the subjects have a Rateable Value of £25,750.

EPC: The property has an Energy Performance Certificate (EPC) rating of F (87). A copy of the EPC is available upon request.

VAT: The subjects are not elected for VAT, therefore, VAT is not payable on the rent.

Key selling points:
Main road frontage

Busy thoroughfare

High standard fit-out

Turnkey opportunity

Subjects over 2 floors

Property Information

Property:

Freehold

Size in square feet:
From 577 to 1230 sqft