Byres Road, Glasgow, G11

Prime Student Locale
Long Lease In Place
Full Repairing & Insuring
Let On Personal Name
T/A GooDuck Restaurant
Expiry 30th April 2034
Passing Rent: £34,125p.a.
Total Annual Income £35,800p.a.
Price: On Request

Location

The property is situated on the west side of Byres Road, close to its junction with Dumbarton Road on a busy thoroughfare within the drastically changing landscape of Glasgow's west end.

Neighbouring occupiers include Santa Lucia, GDK, BiBimBap, The Three Judges along with several student accommodation residencies and a short walk from Glasgow University Campus.

Property

The property comprises dual ground floor commercial units within a larger four story 10 mental development of traditional sandstone construction surrounded by a pitched roof.

Internally the property is presented in an open plan layout with partitions erected to form Bill and female WC facilities with kitchen and stores situated to the rear of the demise

Area

The property has been calculated to extend to the following internal area.

139.53sqm (1,500sq ft)

Lease summary

The property is held on a full repairing and insuring head lease on the following terms

Tenant: Personal Name
Expiry: 30th April 2034
Passing Rent: £34,125p.a
Management Fee: The tenant pays to the landlord a 5% management fee bringing the current annual income to £35,800p.a

Price

The property is available on a freehold investment basis, price on request

V.A.T

Figures quoted exclusive of V.A.T

Legal

Each party shall bear their own legal costs incurred in the transaction

Viewing

Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business