The subjects comprise a retail unit with Class 1 retail consent within Barrhead Retail Park which comprises circa 64,000 sq ft across a parade of 8 retail units and 3 drive-thrus.
The Park is anchored by both a 25,000 sq ft B&M and a 20,000 sq ft Lidl.
Other occupiers include Burger King, Starbucks, Bayne’s, Card Factory, and Popeyes.
The subject property is situated within Barrhead Retail Park which is located on Glasgow Road.
The town of Barrhead sits 8 miles south west of Glasgow city centre and benefits from its own railway station on the Glasgow southwestern line providing access to Glasgow Central Station in just over 10- minutes.
Junction 3 of the M77, which joins the M8/M74 motorway network, is 15 minutes’ drive.
Tenure: The property is let on a 20 year full repairing and insuring lease that commenced in October 2024, at a rent of £35,000 per annum. The rent is subject to open market rent reviews at every 5th anniversary. The lease incorporates a tenant break option on the 10th anniversary.
Premium: Offers over £50,000 are sought for our client’s leasehold interest in the property.
Rateable Value: To be assessed.
EPC: A copy of the EPC is available upon request.
VAT: The subjects are elected for VAT, therefore, VAT is payable.
Key selling points:
Well established retail park
Rare opportunity to occupy
Alternative use potential
Strong national brands
339 car spaces
237.55 sq.m (2557 sq.ft)
