The subjects comprise a double fronted corner shop unit contained within a single 4 storey red sandstone tenement.
Location
The subjects are prominently located at the junction of Kilfinan Street and Balmore Road in the Lambhill district some 4 miles to the north of Glasgow city centre. Balmore Road is one of the main roads linking the city centre to the north of the city and the suburbs of Bearsden and Milngavie. Nearby occupiers include LADBROKES; DAY-TO-DAY, POST OFFICE; PREMIER EXPRESS whilst Balmore Industrial Estate is to the rear of the property.
Accommodation
FRONTAGE - 22’0’ (6.7m) (approx)
RETURN FRONTAGE - 33’0’ (10.1m) (approx)
NET GROUND AREA - 921sqft (85.6sqm) approx.
Terms
Planning
The subjects have the benefit of Class III consent so would be suitable for a hot food outlet. However, the unit has been stripped out so a new tenant would be required to re-fit the unit.
Rent
£XXX per annum.
Lease
The subjects are held on a 15 year FRI lease from 24 July 2013 subject to 5 yearly rent reviews. There is a tenant only break option in 2023.
EPC
Available on request.
Offers
Our clients are looking to assign their leasehold interest, however they are willing to consider sub lease deals and also may look at short term license agreements for a minimum of 12 months. Further details on request.
Rateable Value
We are verbally advised the subjects have a rateable value of £XXX
Legal Costs
The ingoing tenant will be responsible for all legal costs incurred in connection with the transaction.
VAT
All prices, premiums and rents quoted are exclusive of VAT.