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Restaurant Investment, 184 Dumbarton Road, Glasgow, G11 6UN

2,263 Sq Ft / Leisure / Restaurants / Cafes

For Sale - £600,000.00

Available - Last updated: 22 December 2021

The premises comprise part of the ground floor and basement of a three storey traditional tenement style building in blonde sandstone with a pitched tiled roof.  The remainder of the ground floors are in commercial use; the upper floors being residential. 

Externally the property has a painted rendered frontage to both Dumbarton Road and Dowanhill Street, with a single aluminium framed door and two display windows facing Dumbarton Road, and a single display window on the return all being surmounted by an externally illuminated fascia board.

Internally the property is fitted out as an Oriental restaurant, with a large public seating area, waiting area and take away bar; as well as servery, kitchen and toilets all at ground floor.  The basement accommodates staff facilities and further stores and food preparation areas.

Location

The property is located in a prominent position on the corner of Dumbarton Road and Dowanhill Street, in the West End of Glasgow.

Surrounding occupiers include Tesco; Betfred; Anytime Fitness; Subway; Blooms Florists and other local and national traders, whilst amongst the large number of licensed and restaurant traders are Celino’s; Lismore PH; Crazy Wok; Big Mouth Coffee Co., and many others

The West End of Glasgow is a vibrant 24/7 area of mixed residential, commercial, entertainment and cultural users.  It has excellent public transport links to the rest of the city by bus, train and Underground, and is close to the Clydeside Expressway linking to the Motorway network.

Accommodation

Ground - 154.86 m2 (1,667 sq.ft.) (GIA)

Basement - 55.37 m2  (  596 sq.ft.) (GIA)

Terms

LEASE TERMS

The property is currently leased to Blenwell Limited, operators of several Oriental restaurants, for a term of 25 years expiring 27th August 2026 on full repairing and insuring terms  at a current rent of £42,500 per annum subject to upward only review in August 2021.

There are no tenant break options, and there is no Schedule of Condition restricting the tenants repairing obligations.

PRICE

Offers in excess of £600,000 exclusive are invited for our clients heritable interest. 

RATEABLE VALUE

The property is currently assessed at a Net Annual Value of £22,100

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £600,000.00 NA

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Contact agents

Colin P. Ely

Colin Ely & Co

0141 432 0355



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