The subject property comprises a licensed convenience store forming the entirety of a single storey detached building with associated car parking.
Location
The subject property is positioned on the eastern side of Wester Common Drive with vehicular access afforded via Wester Common Road in the Possilpark area of Glasgow. The property serves a high density of residential dwellings in the immediate vicinity with Queens Cross Housing Association headquarters also situated to the south. The wider area is also benefiting from further residential developments. This location has access to reasonable transport links and good levels of car parking.
Accommodation
A licensed convenience store, the subjects benefit from a large open plan retail area, associated storage space and staff accommodation.
We calculate the net internal floor area of the shop at 139.55 sq m (1,502 sq ft).
Terms
ENERGY PERFORMANCE CERTIFICATE - Energy Performance Indicator – F
RATING ASSESSMENT - The property is entered in the current Valuation Roll at a Rateable Value of £8,000.
The property is therefore eligible for 100% rates relief under the Small Business Bonus Scheme.
PRICE - Our client is seeking offers over £140,000 for their heritable interest in the property.
VAT - All prices, rents, premiums etc are quoted exclusive of VAT.
OFFERS - In the normal Scottish form addressed to this office.
LEGAL COSTS - Each party to bear their own legal costs.
DATE OF ENTRY - To be mutually agreed.