Glasgow West End Double Retail Investment - Held on Personal Name Exp 2034
Summary
- Glasgow West End
- 2 x Retail Investments
- Held on 1 Overriding F.R.I Lease
- Total: 819sq ft
- Low Passing Rent: £15,000p.a.x.
- Fixed Rent Increase To £17,000p.a.x in Dec 2026
- Sale: £215,000
Location
The subjects are situated on the south side of Great Western Road, East of its junction with Anniesland cross at a prominent position in a heavily populated retail sector of Anniesland in Glasgow. Neighbouring occupiers include Domino’s, Cancer Research UK, Paddy Power & Boots Pharmacy.
Get directions from Google Maps
Mainline Stations
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Anniesland2 mins
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Jordanhill9 mins
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Kelvindale12 mins
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Hyndland15 mins
Underground Station
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Chesham6301 mins
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Amersham6341 mins
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Chalfont and Latimer6365 mins
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Chorleywood6397 mins
Further Information
Price £215,000
Rates Payable Upon Enquiry
Description
Glasgow West End
2 x Retail Investments
Held on 1 Overriding F.R.I Lease
Total: 819sq ft
Low Passing Rent: £15,000p.a.x.
Fixed Rent Increase To £17,000p.a.x in Dec 2026
Sale: £215,000
Property
The properties comprises a ground floor commercial space within a larger multi-storey mixed use tenemental development.
The properties offer good frontages with single display window and entrance door. Internally both units have been fitted out by the tenant with 1625 offering main customer seating / servery with partitions to the rear to form food prep and w.c. facilities.
1623 offers main customer servery with partitions to the rear to form stores and w.c. facilities.
Summary
Both properties are held on a full repairing and insuring head lease on a personal name expiring 30th November 2034 with no break options, the current passing rent is £15,000p.a.x. There is a fixed rent increase on 1st December 2026 to £17,000p.a.x. and rent review on 1st December 2029.
Area & NAV/RV
1623 Great Western Road
Area: 47.85sqm (515sq ft)
NAV/RV £10,400
1625 Great Western Road
Area: 28.27sqm (304sq ft)
NAV/RV £6,600
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