157 Milngavie Road comprises a double fronted shop contained in a single storey brick built range of similar shops.
Internally the shop is very well presented having formerly been utilised as an interior design showroom and office.
Location
The subjects occupy a much sought after trading location in the affluent suburb of Hillfoot in Bearsden fronting the busy Milngavie Road (A81), the principal arterial route for Bearsden to Milngavie on the north side of Glasgow.
The range of shops in which the subjects are centrally situated has seen significant investment in recent years by local traders and restauranteurs including the popular Raffaelle’s Restaurant, Romy’s Fish & Chip shop, Rettie Estate Agents, Burger & Bun and Hillfoot Garage.
The subjects benefit from on street car parking immediately in front of the subjects with Hillfoot Railway Station opposite.
Accommodation
The shop is divided internally to provide a tastefully decorated front showroom with small rear office, kitchen and toilet.
There is a small mezzanine floor over part of the front shop with a permanent timber staircase. Storage is available in a floored loft, accessed from the mezzanine floor.
We calculate the Net Internal Floor Area in accordance with the RICS Code of Measuring Practice 6th Edition) to be approximately 56.09 sq m (603 sq ft).
Terms
RATING ASSESSMENT - The subjects are currently entered in the Valuation Roll with a Rateable Value of £XXX
At this level of value any incoming tenant may qualify for 25% rates relief under the Small Business Bonus Relief Scheme – enquiries and application to the Local Authority.
RENTAL/LEASE TERMS - We are instructed to seek offers to lease in excess of £XXX per annum on the basis of a full repairing and insuring sub lease for up to 10 years duration with a rent review at year 5.
VAT - Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS - Each party will be responsible for payment of their own legal costs to be incurred in any transaction.
EPC - The properties have been assessed for energy performance and currently have a ‘G’ rating.
Specification
- Attractive double fronted shop unit
- Fitted out and decorated to a high standard
- Net Internal Area: 603 sq ft (56.09 sq m) plus mezzanine floor
- Popular range of shops/restaurants
- Highly sought after trading location fronting the busy Milngavie Road
- Suit a variety of uses; retail or offices (subject to planning permission)
- Rental offers in excess of £XXX per annum