Summary
The subjects comprise an end terraced hot food takeaway within a mixed-use building of masonry construction under a pitched and slate tiled roof. The building is arranged over two floors providing retail accommodation on the ground floor and office space on the upper floor.
The takeaway is accessed via a single flush pedestrian door which leads into the customers waiting area. Internally, the space is fitted out to a high standard in corporate branding. The commercial kitchen is, as expected, fitted out to a professional standard with extract ventilation, conveyor gas fired pizza oven, pizza prep station and a range of stainless steel sink units, utility basins and fitments.
A comprehensive range of floor and wall mounted style units are installed with appropriate worktops. The floor is of tile/commercial vinyl, walls covered with splash backs and the suspended grid ceiling incorporates square LED lighting. There are 2 independent walk-in chill/freezer rooms and ancillary accommodation to the rear.
Key Points
Prominent trading locationBusy thoroughfareHigh standard fit-outTurnkey opportunityFree car parkingTenure
The lease is available by way of assignation, for the residual term of the lease, which expires in August 2042. The current rent is £22,000 per annum. The rent is subject to an open market rent review in August 2027 and at 5 yearly intervals. There is a break option in August 2032.
Premium
Offers over £120,000 are sought for our client’s leasehold interest in the property including the fixtures and fittings in situ.
Rateable Value
According to the Scottish Assessors Association, the subjects have a Rateable Value of £25,500.
EPC
The property has an Energy Performance Certificate (EPC) rating of G (131). A copy of the EPC is available upon request.
VAT
The subjects are elected for VAT, therefore, VAT is payable.
What3words
grew.losses.matter
Location
The property is located in the Penilee area around 5 miles west of Glasgow city centre. The subject property is situated on the east side of Hillington Road South, close to its junction with Paisley Road West. The property enjoys excellent public transport connections, with regular and bus services passing along Hillington Road South. Nearby occupiers include Ladbrokes, Nisa Local Hillington and Boots Pharmacy.