745 Cumbernauld Road, Riddrie, Glasgow, G33 2EP
£434.78 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
621 sq ft
58 sq m
- SECTOR
Industrial development for sale
Key features
- Located within the Riddrie area of Glasgow
- Let to Dynamic Retail Limited (CJ Lang owned business)
- Lease expiry in 2037 with no break options
- CJ Lang operate from over 300 stores across the country
- Passing rent of £25,000 per annum
- 3 yearly upwards only open-market reviews
- Offers over £270,000 = NIY 9%
Description
Internally the subjects are well-fitted with open plan retail space to the front, storage to rear and basement complete with WC.
The premises are located within the Riddrie area of Glasgow, approximately 3.1 miles of the city centre.
More specifically the subjects command a highly prominent position on the west side Cumbernauld Road (A80) at its corner with Lomax Street and a short distance north of its intersection with Edinburgh Road.
M8 motorway access is provided a short distance north via Junction 12.
Regular bus services operate on Cumbernauld Road whilst Alexandra Parade Railway Station is a 15 minute walk west.
Neighbouring occupiers include Shergills Takeaway, Vogue Bingo, Evans Halshaw, Carntyne Primary School and Saint Thomas Primary School.
Tenant: Dynamic Retail Ltd (SC181161) owned by C.J. LANG & SON LIMITED
Lease Start: September 2007
Lease Expiry: September 2037, no breaks
Passing Rent: £25,000 per annum
Rent Reviews: 3 yearly upwards only open-market, next in September 2026
C.J. LANG & SON LIMITED t/a SPAR operate over 300 stores in Scotland with last filed accounts for 2023 showing a turnover in excess of £221 Million with net profit of over £3 Million.
Brochures
745 Cumbernauld Road, Riddrie, Glasgow, G33 2EP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Alexandra Parade Station0.6 miles
- Duke Street Station0.8 miles
- Carntyne Station1.0 miles
Notes
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