The subjects comprise a ground floor retail unit within a larger four-storey flatted development. The property benefits from open plan retail space and secure entry. There is ancillary storage located at the rear of the property in addition to toilet facilities. The unit would be suitable for a variety of uses and has potential for subdivision.
The area contains a mix of both national and independent retailers. Notable nearby occupiers include Farmfoods, Lloyds Pharmacy, Betfred and William Hill.
( Agency Pilot Software Ref: 49611 )
Location
The subject property lies on the north side of Paisley Road West, opposite its junction with Mosspark Boulevard in the Craigton area of Glasgow, approximately four miles to the south west of Glasgow city centre. Paisley Road West forms a busy arterial route running west out of the city centre on the south side of River Clyde, giving access to suburbs such as Bellahouston, Craigton, Cardonald and then onwards to Paisley.
The surrounding area comprises an eclectic mix of residential, commercial, retail and associated uses, with some industrial uses in the surrounding area. The area is relatively well served by public transport with Paisley Road West being a busy bus route and both Cardonald and Mosspark Railway Stations being within walking distance.
Accommodation
Ground Floor: 197.04 sq. m. (2,120 sq. ft.)
Terms
LEASE TERMS The premises are offered on Full Repairing and Insuring terms.
RENT We are instructed to seek offers in excess of £17,500 per annum exclusive of VAT. Please contact us for an Offer to Let form. As part of any letting it is likely that our client will require an advance rental payment. Full details are available from the letting agents.
RATING ASSESSMENT The subjects are entered in the Valuation Roll with a Rateable Value of £14,400. The poundage rates for 2020/2021 is £0.498 in the pound. The ingoing tenant may qualify for 100% rates relief subject to meeting the eligibility requirements of the Small Business Bonus Scheme.
VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT).
ENERGY PERFORMANCE CERTIFICATE An EPC has been prepared for this property and can be provided upon request.
LEGAL COSTS Each party will be responsible for their own legal costs incurred in connection with this transaction. For the avoidance of doubt the ingoing tenant will be liable for LBTT, Extract Copies and VAT thereon.
Specification
• Popular suburban pitch
• Unit extends to approximately 197.04 sq. m. (2,120 sq. ft.)
• Potential for sub-division
• New FRI lease available
• Rental offers in excess of £17,500 per annum exclusive of VAT.