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LEASE FOR SALE ***STAFF UNAWARE***, 721 Pollokshaws Road, Strathbungo, Glasgow, G41 2AA

1,354 Sq Ft / Retail / General Retail

Let - Last updated: 02 February 2022

The subjects comprise mid terraced class 3 premises arranged over ground floor and basement forming part of a larger blonde sandstone tenement building. Internally the subjects are arranged to provide the following;

Ground Floor - fully fitted kitchen, seating for 20 covers, ambulant WC.

Basement - additional seating of approx. 30 covers that could be used as a function / storage space, male and female WC’s, rear fire exit leading onto rear lane.

Location

The subjects are located on the east side of Pollokshaws Road, just by its junction with Torrisdale Street, within the Strathbungo area of Glasgow approximately 1.5 miles south of the city centre.

Free on street parking is provided to the front along with the immediate surrounding streets. Excellent access to public transport links are provided with bus services operating on Pollokshaws Road itself whilst Queens Park Railway Station is located just around the corner where direct services to Glasgow Central Station are provided.

Neighbouring occupiers include Tapa, Gusto & Relish, Gnom , Stag & Thistle and Marchtown.

Accommodation

Ground floor - 66.02 sq m  (711 sq ft)

Basement - 59.78 sq m  (643 sq ft)

Total - 125.80 sq m  (1,354 sq ft) 

Terms

Lease Terms - 15 year FRI lease from 13 th May 2008 with option to extend for 25 years at expiry

Passing rent of £22,000 per annum

3 yearly upwards only rent reviews

Asking Terms - Offers are invited for our clients leasehold interest in the subjects.

Planning & License - The subjects benefit from Class 3 consent

On license; 11am midnight

Off license; 10 am 10 pm

Rateable Value - The subjects are entered in the Valuation Roll with a Rateable Value of £12,600

Subject to fulfilling the set criteria, some occupiers may be eligible for 100% rates relief under the Small Business Bonus Scheme

VAT - No VAT is applicable on the rent

EPC - available on request 

Specification

  • Rare leasehold opportunity within the highly desirable and popular Strathbungo area of Glasgow’s south side
  • Fully fitted kitchen on ground floor with seating on both ground floor and basement floors providing a total of approx. 50 covers
  • Late liquor license, 11 midnight
  • No VAT on rent
  • Scope for 100% rates relief under Small Business Bonus Scheme
  • Neighbouring occupiers include Tapa, Gusto & Relish, Gnom , Stag & Thistle and Marchtown  

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