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Property details
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Retail premises for sale in Allison Street, Glasgow

Under offer

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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

Glasgow Allison Street 207.pdf

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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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 Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.