Property photos
£150,000
(£377.83/sq. ft)
Retail premises for sale
Cambridge Street, Glasgow G3397 sq. ft
Local area information
Property location
Nearby amenities
- St Aloysius College 0.1 miles
- Garnetbank Primary School 0.2 miles
- Charing Cross (Glasgow) 0.4 miles
- Glasgow Queen Street 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Glasgow to find out more about the local area.
Features and description
City Centre Location
Return Frontage
Held on F.R.I Lease
Expiring 2034
Passing Rent: £13,500p.a.
Review: 2030
Price: £150,000
Location
The property is situated on the west side of Cambridge Street at its junction with Buccleuch Street in Glasgow’s city centre.
The surrounding locale is a mixture of owner occupied and student let residential dwellings along with an array of commercial occupiers more specifically g-Tech mobile phone repairs, The Wee Curry Shop, Hilton DoubleTree and Easy Hotel.
The property benefits from excellent transport links with bus stops leading to all sides of the city only a short walk along with Cowcaddens underground station approx 4 mins walk from the property. Parking is available on street on Buccleuch Street as well as a multi-storey car park adjacent to the property.
Property
The property comprises a prominent frontage ground floor retail unit set within a larger 4 storey tenemental sandstone development surmounted by a pitched roof overlaid in ceramic tile.
The property benefits from return frontage onto Cambridge Street along with Buccleuch Street with a prime position facing onto Cowcaddens Road, the main thoroughfare linking the North and West of the City to the centre. The property benefits from refurbishment by the former tenant including being painted externally with walls and ceiling refurbished along with L.E.D. Spots a strip lights mounted on the suspended ceiling, with floors overlaid in linoleum with partition erected to the rear to form w.c. Facility.
Area
The property has been calculated to extend to the following net internal area
36.88sqm (397sq ft)
Nav/rv
£9,100
The property qualifies for rates exemption under the small business bonus scheme
Lease Summary
The property is held on a 9 year full repairing and insuring head lease to Scotchmarkets Ltd at a passing rent of £13,500p.a. With rent review and break option provision on 1st March 2030. There is a deposit held by the landlord of £3,375
Sale
Our client is disposing of their freehold interest for £150,000
V.A.T
The porosity has not been elected for V.A.T.
E.P.C
Available on request
Title & Lease
Available on request
Viewing
By appointment only, alternatively virtual viewings can be booked.
Legal
Each party shall bear their own legal costs incurred in the transaction
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.
Return Frontage
Held on F.R.I Lease
Expiring 2034
Passing Rent: £13,500p.a.
Review: 2030
Price: £150,000
Location
The property is situated on the west side of Cambridge Street at its junction with Buccleuch Street in Glasgow’s city centre.
The surrounding locale is a mixture of owner occupied and student let residential dwellings along with an array of commercial occupiers more specifically g-Tech mobile phone repairs, The Wee Curry Shop, Hilton DoubleTree and Easy Hotel.
The property benefits from excellent transport links with bus stops leading to all sides of the city only a short walk along with Cowcaddens underground station approx 4 mins walk from the property. Parking is available on street on Buccleuch Street as well as a multi-storey car park adjacent to the property.
Property
The property comprises a prominent frontage ground floor retail unit set within a larger 4 storey tenemental sandstone development surmounted by a pitched roof overlaid in ceramic tile.
The property benefits from return frontage onto Cambridge Street along with Buccleuch Street with a prime position facing onto Cowcaddens Road, the main thoroughfare linking the North and West of the City to the centre. The property benefits from refurbishment by the former tenant including being painted externally with walls and ceiling refurbished along with L.E.D. Spots a strip lights mounted on the suspended ceiling, with floors overlaid in linoleum with partition erected to the rear to form w.c. Facility.
Area
The property has been calculated to extend to the following net internal area
36.88sqm (397sq ft)
Nav/rv
£9,100
The property qualifies for rates exemption under the small business bonus scheme
Lease Summary
The property is held on a 9 year full repairing and insuring head lease to Scotchmarkets Ltd at a passing rent of £13,500p.a. With rent review and break option provision on 1st March 2030. There is a deposit held by the landlord of £3,375
Sale
Our client is disposing of their freehold interest for £150,000
V.A.T
The porosity has not been elected for V.A.T.
E.P.C
Available on request
Title & Lease
Available on request
Viewing
By appointment only, alternatively virtual viewings can be booked.
Legal
Each party shall bear their own legal costs incurred in the transaction
Anti-Money Laundering
In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed to and requested at the relevant time.
More information
Listed by
TSA Property Consultants
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