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Class 3 Investment Opportunity, 231 - 237 St. Andrews Road, Pollokshields, Glasgow, G41 1PD
2,977 Sq Ft / Leisure
Withdrawn - Last updated: 22 June 2023
Summary
Large class 3 premises, arranged over ground floor and basement, occupying a highly attractive corner position with extensive frontage
Tenant has invested over £250,000 on their fit-out in line with Pepe’s corporate style
The ground floor is setup with kitchen, takeaway / ordering counter, customer seating and WC’s
The basement provides storage and prep space, walk-in cold stores, dumb waiter and staff welfare facilities
Mains supplies to gas, water and electricity (3 phase) are provided
Key Points
Located within the popular and affluent Pollokshields area of Glasgow's South SideHighly prominent Class 3 premises with extensive frontageTenant has invested over £250,000 on their fit-outLet on FRI terms Tawheed Trading Ltd t/a Pepe's Piri PiriPersonal Guarantee in place for duration of the leasec.9 years unexpiredPassing rent of £27,000 PAUpwards only rent-review in December 2026 to greater of open-market rent or RPIOffers over £340,000 invited - 7.68% NIYLocation
Located within the desirable and affluent Pollokshields area of Glasgow’s South Side just 1.5 mile south of the city centre
Highly prominent corner position on south side of St Andrews Road and Shields Road benefitting from high volumes of passing traffic
Free on-street parking provided to the front, ideal for deliveries and delivery drivers
Regular bus routes operate on St Andrews Road whilst Shields Road Underground Station is a 5- minute walk north
Neighbouring occupiers include Malaga Tapas, Khyber Pass, U Save Newsagents, Arnold Clark as well as Glendale Primary School
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