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Attractive Retail Investment, 2 St James Court, East Kilbride, G74 5QE

3,237 Sq Ft / Retail / Investment

For Sale - £1,500,000.00

Available - Last updated: 20 December 2022

Bar/Restaurant benefitting from an extensive beer garden and kids play area.


The property is situated within Hairmyres only neighbourhood park. St James Park not only services the immediate catchment but also Jackton and Eaglesham.

Occupiers include Greggs, Lidl, Pizza Hut and Wizard of Paws.


The unit extends to the approximate areas:


Public Bar: 1,249 sq ft (116 sq m)
Bar/Dining Room: 829 sq ft (77 sq m)

GROUND FLOOR -1,249 sq ft (116 sq m)


Private Dining Room: 30 Covers

TOTAL AREA 3,237 sq ft (300.72 sq m)

The unit also benefits for an extensive beer garden and kids play area.


LEASE - The property is leased to Tony Macaroni Group Limited from 3 October 2016 expiring 2 October 2031 with a current passing rent of £134,660 per annum, exclusive of VAT. The next rent review is due in 2026, with a fixed uplift to £145,066.

TERMS - We are seeking £1.5M which equates to a net initial yield of 8.5%. after usual purchaser’s costs. 

VAT - We are advised the sale will be subject to VAT being charged. We would expect the sale to be completed as a Transfer of a Going concern (TOGC). 

LEGAL COSTS - Each party will be responsible for their own legal costs incurred in the transaction with the Purchaser responsible for Land & Buildings Transaction Tax (LBTT) and Registration Dues.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £1,500,000.00 NA

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Alan Stewart

Breck Property Consultants

0141 432 1377

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