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265-273 Byres Rd 1,062 sq ft Retail Unit Offered at £975,000 in Glasgow G12 8TL
INVESTMENT HIGHLIGHTS
- Let to Santander UK PLC
- Four-storey tenement building
- Attractive investment located in a prime retailing location in the vibrant West End of Glasgow
EXECUTIVE SUMMARY
The subject is a mid-terrace retail unit that is part of a larger four-storey tenement building made of blonde sandstone, topped with a pitched roof covered in concrete interlocking tiles. The property fronts directly onto Byres Road and has a retail style frontage with proprietary signage above.
PROPERTY FACTS Sale Pending
| Total Property Size | 2,582 sq ft | Floors | 4 |
| Property Type | Retail (Unit) | Typical Floor Size | 2,582 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1904 |
| Costar Property Class | B | Total Plot Size | 0.07 ac |
| Total Property Size | 2,582 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 4 |
| Typical Floor Size | 2,582 sq ft |
| Year Built | 1904 |
| Total Plot Size | 0.07 ac |
AMENITIES
- Security System
1 UNIT AVAILABLE
Unit 271-273
| Unit Size | 1,062 sq ft | Sale Type | Investment |
| Price | £975,000 | Tenure | Freehold |
| Price Per sq ft | £918.08 | Net Initial Yield | 7.77% |
| Unit Use | Retail | NOI | £75,757.50 |
| Unit Size | 1,062 sq ft |
| Price | £975,000 |
| Price Per sq ft | £918.08 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 7.77% |
| NOI | £75,757.50 |
DESCRIPTION
The premises are fitted out in the corporate style of the tenant, and comprises a Banking reception/ waiting area, office, and ancillary accommodation.
SALE NOTES
For sale desirable prime west end retail investment. Offers over £975,000.
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NEARBY MAJOR RETAILERS
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265-273 Byres Rd
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