Busy Location
Rarely Available Investment
Let to Betfred
Expiry Feb 2027
Passing Rent: £16,743.71p.a.
V.A.T. Free Investment
Price: £198,000
Location
The subject property is located in the Shettleston area of Glasgow’s East End approximately 5 miles from the city centre.
More specially the subject property is situated on the north side of Shettleston Road between its junctions with Chester Street & Evie Street within its prime section where neighbouring occupiers include “The Drum” Public House, Boots, Greggs and Anderson Maguire Funeral Directors.
Property
The property comprises mid-terraced single storey ground floor retail premises.
Internally the property offers a large open-plan retail accommodation with public front area and staff / customer toilets, kitchen tea prep found to the rear, heating and cooling is provided by way of air conditioning units recessed within the suspended acoustic tile ceiling.
Free on-street parking is found immediately to the front of the subjects.
Area
The property has been calculated to extend to the following Net Internal area;
171.91sqm (1,850sq ft)
Executive Summary
The property is held on a full repairing and insuring head lease on the following terms;
Tenant: Done Brothers (Cash Betting) Ltd
Expiry: February 2027
Passing Rent: £16,743.71p.a.
Option To Extend: The tenant has an option to extend for a further 15years
Price
Our client is offering their freehold interest in the subjects for £198,000
V.A.T.
The property has not been elected for V.A.T.
E.P.C.
Available on request
Lease
Available on request
Legal
Each party shall bear their own legal costs incurred in the transaction.