RESTAURANT / HOT FOOD PREMISES ON DUKE STREET, GLASGOW

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Prime Corner Unit With Hot Food Consent
Rarely Available Freehold Location
Corner Location
Ground & Basement
2,812sq ft
No V.A.T
Rent: £35,000p.a

Location

The subjects are located on the south side of Duke Street at its junction with Whitevale Street in the Dennistoun area of Glasgow, some 2 miles east of the city centre.
This area is primarily residential in nature however Duke Street is one of the main arterial routes linking the large suburban population of the east end with direct access to the city centre. Nearby traders include Boots; Subway; Paddy Power and many others.


Subjects

The property comprises a substantial corner commercial unit set within a larger traditional tenement style building of sandstone construction.

The property offers a unique return frontage with access gained via twin entrances at the front elevation, with the main entrance leading to a grand banking hall, fitted out to a high standard by the former tenant with partitions created to form private meeting rooms, staff room, offices and store with further storage and staff facilities situated in the basement, accessed at the rear of the demise via a single staircase.

The unit currently holds Class 2 consent under the Town and Country Planning Act (1997) however would lend itself to hot food use (subject to planning)


Area

The property has been measured on a net internal area basis and calculated to extend to the following floor area;

Ground: 144.96sqm (1,560sq ft)
Bsm: 116.32sqm (1,252sq ft)

Total: 261.28sqm (2,812sq ft)

NAV/RV

The property has been assessed and entered onto the valuation roll with the following NAV/RV;

£22,250

The property qualifies for a rates discount under the small business bonus scheme, any occupier will be able to appeal the rates calculation within 3 months of taking entry.

Rent

The property is available on a new full repairing and insuring head lease for a negotiable term for £35,000p.a.

V.A.T.

Figures quoted are exclusive of V.A.T. We understand the property is not elected for V.A.T.

E.P.C.

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.