A prominent class 3 Sui Generis property in a high-profile trading location (ref 1595)

  • Leasehold Price: £1
Glasgow, Glasgow City, Scotland
Seller Ref:1595
For Sale

A prominent class 3 Sui Generis property in a high-profile trading location (ref 1595)

Glasgow, Glasgow City, Scotland
Seller Ref:1595
  • Leasehold Price: £1

Overview

Seller Ref: 1595

Description

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.

Leasehold 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 Details:
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.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

Business Documents

Duke Street, Class 3 Sui Generis

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