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Retail Unit For Sale, 25 Main Street, Bridgeton Cross, Glasgow, G40 1QA

1,811 Sq Ft / Retail / General Retail

Sold - Last updated: 10 October 2022

The subjects comprise a ground floor retailing unit of a 4 storey tenement building and benefit from roller shutters protecting the display windows and a pedestrian access.

Internally, the subjects provide large open plan retail area to the front of the elevation with storage and staff facilities to the rear.

Location

The subjects are on the east side of Main Street, approximately 200 yards south of Bridgeton Cross and a short distance south of Bridgeton Train Station and Bridgeton Bus Terminal, as shown on the attached plan. Bridgeton is a densely populated suburb that lies approximately 2 miles east of Glasgow City Centre.

Bridgeton and the surrounding area has seen significant investment in recent years and has benefited from the 2014 Commonwealth Games Legacy.

The surrounding area compromises a mix of retail, commercial and residential uses. Neighbouring occupiers are mainly local traders serving the needs of the resident population, nearby occupiers include Citizens Advice Bureau, Dixon Chemists, BCD Credit Union, Main Street Medical and Premier Convenience Store.

Accommodation

Net internal area of 168.27 sq.m. (1,811 sq.ft.)

Terms

RATES
Reference to the Assessor’s website has shown that the subjects are entered in the current Valuation Roll with a Rateable Value of £XXX The property qualifies for 100% rates relief via the Small Business Bonus Scheme, subject to occupiers status.

A new owner will have an automatic right to appeal this rating assessment.

PRICE
Offers over £XXX are invited for the purchase of our client’s heritable interest.

VAT
All figures quoted are exclusive of VAT.

EPC
A copy of the Energy Performance Certificate can be made available to genuinely interested parties upon request.

ENTRY
Entry is available upon completion of legal formalities.

LEGAL COSTS
Each party will be responsible for their own legal costs incurred and the purchaser will be responsible for any registration fees due and Land and Building Transaction Tax (LBTT).

Specification

  • Located close to Bridgeton Cross in Glasgow’s East End.
  • Large, open plan floorplate.
  • 100% rates relief available, Subject to constent
  • Net internal area of 168.27 sq.m. (1,811 sq.ft.)
  • Offer over £XXX exclusive of VAT.


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