1051 GWR is an exceptional and imposing restaurant with an exclusive dining feature of 6 external domes which can accommodate up to 8 customers each. The subjects comprise a substantial and attractive sandstone building and enjoy a prominent location on Great Western Road adjacent to Gartnavel Hospital.
( Agency Pilot Software ref: 12982 )
Location
Glasgow is the largest city in Scotland and 4th most populous in the UK with a population of 653,640 (2020). Glasgow City Region has over 1,800,000 inhabitants equivalent to 33% of Scotland’s population. The city has the highest density of any locality in Scotland and also has the largest economy in Scotland and third highest GDP per capita of any city in the UK. Within Glasgow the subjects are located on Great Western Road which is the principal arterial road connecting the city centre with the West End, Anniesland and north western suburbs. 1051 GWR is situated on the south side of Great Western Road enjoying an extensive and prominent roadside frontage. The immediate area is affluent and is characterised by large sandstone villas, townhouses and high quality flats. The entrance to the subject property is shared with the main entrance to the adjacent Gartnavel General Hospital.
Terms
FINANCIAL INFORMATION The property has previously been let to a tenant on a long term agreement. No financial information is therefore available.
ENERGY PERFORMANCE CERTIFICATE The EPC rating is ‘G’. A copy of the certificate can be provided upon request.
RATEABLE VALUE The subject property has two listings in the Assessor’s Valuation Roll as the property previously operated as two separate entities. The listings are as follows:- Ground Floor Public House £28,000 w.e.f. 1 April 2017 £49,000 w.e.f 1 April 2023 (subject to appeal) First Floor Licensed £38,500 w.e.f. 1 April 2017 Restaurant £30,500 w.e.f 1 April 2023 (subject to appeal) The current UBR (2022/2023) for properties with an RV under £51,000 is £0.498
LEGAL COSTS Each party will be responsible for their own legal costs incurred, with the ingoing tenant being responsible for any Land & Buildings Transactional Tax, recording dues and VAT as applicable.
VALUE ADDED TAX Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending tenant must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
ANTI MONEY LAUNDERING The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 requires the agents acting on both sides of any qualifying transaction to undertake appropriate due diligence in relation to, and in advance of, any such transaction including identifying and verifying all relevant parties and establishing the source(s) and legitimacy of funding. Both parties will disclose all relevant information, prior to conclusion of missives/exchange, required to enable the agents to meet their respective
Specification
- Substantial and attractive sandstone building
- Prominent location on Great Western Road adjacent to Gartnavel Hospital
- 100 cover restaurant with a 30 cover separate private dining room
- Exclusive 6 fabulous private hire domes
- 60 capacity first floor licensed sundeck
- 80 capacity first floor restaurant