Glasgow City Centre Location
Busy Thoroughfare
Ground Floor
1,446sq ft
Let to Ladbrokes Betting & Gaming
Lease Extended to August 2031
Passing Rent £30,000p.a.x
Price On Request
Location
The property is situated on the north side of Dundas Lane between its junctions with Dundas Street and Buchanan Street adjacent to Queen Street train Station.
The street acts as a main thoroughfare linking Buchanan Street, West Nile Street to Glasgow Queen St Station along with access to Buchanan St subway station.
Neighbouring occupiers include Dune, Cafe Nero, Amarone, R.S. McColl, Waxy O’Connors and Greggs
Property
The property forms a ground floor retail unit within a larger multi storey commercial development of traditional sandstone construction.
Offering an expansive frontage, the property provided multiple large display windows. Internally the property had been extensively renovate by the tenant in keeping with their corporate specifications
Area
Ground: 134.36sqm (1,446sq ft)
Lease Summary
The property is held on a full repairing and insuring head lease on the following terms;
Tenant: Ladbrokes Betting & Gaming Ltd
Expiry: 27th August 2031 (lease extended in 2019)
Passing Rent: £30,000p.a
Review & Break Option: August 2026
Price
The property is available on a freehold basis price on request
V.A.T.
Figures quoted are exclusive of V.A.T.
Viewing
Whilst it is a good idea to visit a trading business that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business.
E.P.C.
A copy of the E.P.C. will be made available for any interested party
Title & Lease
Available on request
Legal
Each party shall bear their own legal costs incurred in the transaction
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser/tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.