Retail premises for sale in Allison Street, Glasgow G42

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Retail premises for sale

1,034 sq. ft*

Property description

Key Points

  • Let to long established local retailer
  • Tenant has been in occupation since 2018
  • Expiry September 2028
  • NIA - 1,034 sq ft
  • Low passing rent of £11,000 per annum
  • Next rent review - September 2024
  • Offers over £140,000 invited
  • Description

    Double fronted ground floor retail premises.

    Externally benefits from 4 x display windows with pedestrian access door.

    Internally provides well-fitted open-plan accommodation with WC to the rear.

    Location

    Located within the popular Govanhill area of Glasgow’s South Side just 1.5 miles south of the city centre.

    More specifically the subjects are situated on the north side of Allison Street between its junctions with Langside Road and Annette Street.

    Allison Street is a busy through road connecting Victoria Road with Cathcart Road.

    Free on-street parking is provided to the front.

    Regular bus services are found nearby on Victoria Road and Cathcart Road.

    Queens Park Railway Station is situated a short walk west.

    Tenancy Information

    The subjects are let to T &T Foods Ltd (SC615157) t/a aa Continental on Fri terms from September 2018 for a period of 10 years.

    The passing rent is £11,000 and is subject to 3 yearly upwards only open-market rent reviews with the next in September 2024.

    The tenant has the option to break at any time subject to providing no less than six months prior written notice.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    G M Brown, G2 on +44 141 376 1318 * (local rate)

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by G M Brown, and do not constitute property particulars. Please contact G M Brown for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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