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165A Main St 2,970 sq ft Retail Property Renton G82 4PS £750,000 (£252.53/sq ft)
Investment Highlights
- Benefits from substantial public parking nearby.
- The property benefits from a prominent glazed frontage with ATM provision.
- To the rear is a service yard with access from King Street.
Executive Summary
The property is let to Botterill's Convenience Stores Limited (t/a Scotmid Co-operative) on a full repairing and insuring lease for a term of 25 years from February 2007 at a rent of £56,054 per annum. The lease provides for 5 yearly RPI linked rent reviews with the next review expected to achieve £73,000p.a.
Botterill's Convenience Stores Limited is a Scottish company (incorporated in 1994) that historically operated a chain of convenience stores, primarily under the Spar franchise. It was a well-known family-run business in Scotland. In November 2010, Scotmid Co-operative acquired the entire Botterills business.
Botterill's Convenience Stores Limited is a Scottish company (incorporated in 1994) that historically operated a chain of convenience stores, primarily under the Spar franchise. It was a well-known family-run business in Scotland. In November 2010, Scotmid Co-operative acquired the entire Botterills business.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Supermarket
Property Size
2,970 sq ft
Costar Property Class
C
Year Built
1985
Price
£750,000
Price per sq ft
£252.53
Tenancy
Single
Number of Floors
1
Amenities
- 24 Hour Access
1 1
Nearby Major Retailers
1 of 3
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165A Main St
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