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City Centre Hot Food Takeaway Investment, Chunky Chicken, 532 Sauchiehall Street, Glasgow, G2 3LX

not specified / Leisure

For Sale

Available - Last updated: 16 November 2021

Prime City Centre Position

Main Thoroughfare

City Central Leisure Hub

t/a Chunky Chicken

Expiry 2028

Passing Rent: £35,100p.a

Fixed Increase: £36,100p.a

Price On Application

 

Location

 

The property is situated on the North side of Sauchiehall Street, close to its junction with Charing Cross within Glasgow’s city centre.  Situated on Glasgow’s “Golden Z” shopping district, the area is the city’s hub for bars, restaurants, evening entertainment along with high demand for residential accommodation. The area benefits from high volumes of passing pedestrian and vehicular traffic along with excellent public transport links with Charing Cross train station and a plethora of bus stops in close proximity.

Neighbouring occupiers include Driftwood Bar, The Hall Bar, Genting Casino & The Garage Nightclub.

 

Property

 

The property comprises a ground & lower ground floor mid terrace commercial property situated within a larger red sandstone tenemental building of traditional construction surmounted by a pitched roof overlaid in slate.

 

The property benefits from a substantial aluminium framed glazed frontage, with granite edging. Access is gained via a single, glazed door leading to an open plan servery with seating at a poser bar and loose tables and chairs. 

 

The property has been fitted out to suit the tenants requirement with main counter toward the front and open plan kitchen to the rear. Benefitting from an ample lower ground, the area offers staff area, storage and prep area, with main cooking and grilling prepared at ground floor level.

 

Investment Summary

 

The property is held on a full repairing and insuring head lease on the following terms;

 

Tenant: Ltd Co. t/a “Chunky Chicken”

Term: 29/3/18 - 28/3/28

Passing Rent: £35,100p.a

Review: Fixed increase in 2022 to £36,100p.a until 2024.

 

Area

 

The property has been measured on a net internal area basis to extend to the following floor area;

 

Ground: 90.11sqm (970sq ft)

Lower Grnd: 84.54sqm (910sq ft)

 

Price

 

On application

 

V.A.T

 

Prices quoted are exclusive of V.A.T

 

Legal

 

Each party shall bear their own legal costs incurred in the transaction

 

Lease & Title

 

Available on request 

 

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Available on application For Sale Leasehold NA NA

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Contact agents

Will Rennie

TSA Property Consultants

0141 538 0192



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