The premises comprise a ground floor lock up shop within a traditional sandstone tenement building. Protected by internal security shutters, there are extensive glazed display frontages to both Westmuir Street and Duke Street.
Most recently used as a hair and beauty salon, the unit offers attractively fitted clear ground floor retail space together with a single wc compartment and small kitchen area at the rear.
Location
Parkhead Cross lies approximately 2 miles east of Glasgow City Centre. Formed at the intersections of Westmuir Street, Duke Street and Tollcross Road, the Cross is the focal point for the surrounding densely populated areas. The Forge Shoppping Centre and Forge Market Hall are approximately ¼ mile to the north of the Cross.
The subjects themselves sit on the north eastern side of Parkhead Cross, at the junction between Westmuir Street and Duke Street. The area is popular with a mix of national and independent retailers with occupiers in the vicinity including Ladbrokes, Greggs and Farmfoods.
Accommodation
Ground Floor Net Internal Area: 45.47 sq m (489 sq ft)
Terms
Subject to securing vacant possession, our clients are offering the premises on the basis of a letting for a minimum five years duration at a commencing rental of £10,000 per annum.
A security deposit equivalent to 3 months rent will be required on entry.
We understand the property has not been elected for VAT and VAT will therefore not be charged on rent and other outgoings.
Rating: From enquiries made at saa.gov.uk, the premises are entered on the current Valuation Roll as follows:
SHOP - NAV/RV - £4,800
With the RV set at this level, qualifying occupiers should be able to apply for the Small Business Bonus Scheme that provides 100% relief on Rates payments, reducing the annual bill to £0.
Energy Performance Certificate: The property has an EPC rating of G
Planning: The property has the benefit of Class 1a (Retail and Office) Use. Due to the proximity of residential property immediately above we consider it unlikely the property would be suitable for any sort of hot food or restaurant use.
Entry: Subject to securing vacant possession, entry is available from September 2026 and on conclusion of missives.
Legal Expenses: Each party will meet their own legal expenses incurred in connection with the transaction. The incoming occupier will be responsible for the costs of any Land and Buildings Transaction Tax and Registration Dues that may be payable.