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444-446 Dumbarton Rd 2,500 sq ft 100% Let Retail Property Glasgow G11 6SE £250,000 (£100/sq ft)
Investment Highlights
- Popular residential location
- Prominent frontage
- Passing rent of £18,500 pa
- Well-presented ground floor commercial space
- Tenanted until July 2032
Executive Summary
The property comprises a very well presented ground floor commercial space within a larger 4 storey sandstone tenement. The property benefits from a prominent frontage with dual display windows either side of the single recessed entrance door. Internally, the property is well-presented with open plan retailing space, partitioned stores, tea prep, and wc facilities.
The subjects are held on a full repairing and insuring head lease to Salvation Army Trading Co until 23rd July 2032 (extended in 2022) at a passing rent of £18,500 pa with a review and tenants option to determine in July 2027.
The subjects are held on a full repairing and insuring head lease to Salvation Army Trading Co until 23rd July 2032 (extended in 2022) at a passing rent of £18,500 pa with a review and tenants option to determine in July 2027.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
2,500 sq ft
Costar Property Class
B
Year Built
1981
Price
£250,000
Price per sq ft
£100
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Plot ratio
0.38
Total Plot Size
0.15 ac
Amenities
- Roller Shutters
- Storage Space
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Nearby Major Retailers
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444-446 Dumbarton Rd
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