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471-483 Victoria Rd 796 sq ft Retail Unit Offered at £140,000 in Glasgow G42 8RL
Investment Highlights
- Bordering Govanhill & Queens Park
- Passing £10,000p.a
- Ground & Bsm Floor Licensed unit
Executive Summary
The property comprises a mid-terraced, B-listed tenement building of blonde sandstone construction, under a pitched and slated roof. The building is arranged over five floors, providing retail space on the ground floor and basement, with residential accommodation above.
Property Facts
| Total Property Size | 3,313 sq ft | Floors | 5 |
| Property Type | Retail (Unit) | Typical Floor Size | 1,786 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1880 |
| Costar Property Class | B |
| Total Property Size | 3,313 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 5 |
| Typical Floor Size | 1,786 sq ft |
| Year Built | 1880 |
Amenities
- Security System
- Air Conditioning
1 Unit Available
Unit 471
| Unit Size | 796 sq ft | Sale Type | Investment |
| Price | £140,000 | Tenure | Freehold |
| Price Per sq ft | £175.88 | Net Initial Yield | 7.14% |
| Unit Use | Retail | NOI | £10,000 |
| Unit Size | 796 sq ft |
| Price | £140,000 |
| Price Per sq ft | £175.88 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 7.14% |
| NOI | £10,000 |
Description
The property comprises a ground & basement floor retail unit set within a larger mixed use tenemental development surmounted by a pitched roof.
The property offers a single frontage with the interior presented in an open plan layout with partitioned w.c, tea prep and store room situated in the basement
Sale Notes
The property is let on a personal name t/a Southside Drinks Company off licence, expiring 2035. The current passing rent is £10,000per annum
Nearby Major Retailers
Presented by
471-483 Victoria Rd
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