Prominent Location
Busy Thoroughfare
Full Building
Rear Outhouse
Residential Potential At Upper Floor
Hot Food Granted
793sq ft
Rent: £17,XXX.a
Sale: P.O.A
Location
The subjects sit on the north side of the street, in the centre of the pitch and directly opposite the Rutherglen Exchange shopping mall. Rutherglen lies 3 miles south east of Glasgow city centre and has a large local catchment population that includes the affluent communities of Kings Park, Burnside and Carmunnock.
High Street is the main focus of retail activity in the area and a range of national retailers sit among a number of boutiques and independent traders.
Property
The property comprises a stand alone ground and first floor former public house of traditional construction surmounted by a pitched roof. The property benefits from enclosed rear garden and separate cellar to the rear with new roof and potential for alternate use with separate access from King Street.
The property requires renovation throughout, there is no access internally to the upper floor however access could be created externally from the rear.
Currently the property holds Class 1 consent with application pending for change of use to hot food use.
Area
69.93sqm (793sq ft)
NAV/RV
£18,000
The property qualifies for rates discount under the small business bonus scheme. Any incoming occupier will have the ability to appeal the rateable value.
Rent
The property is available on a new full repairing and insuring head lease for a negotiable term for £17,XXX.a.
Sale
The property is available on a freehold basis, price on request
V.A.T.
Figures quoted are exclusive of V.A.T. We understand the property is not elected for V.A.T.
E.P.C.
Available on request
Viewing
By appointment only, alternatively virtual viewings can be booked.
Legal
Each party shall bear their own legal costs incurred in the transaction
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time