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Cuil Cuil, 84 - 86 West Nile Street, G1

For sale: £400,000.00|2,203 Sq Ft|Leisure Property, Licensed & Leisure

Property details

FOR SALE£400,000.00
SIZE2,203 Sq Ft
ADDRESSCuil Cuil, 84 - 86 West Nile Street, Glasgow, G1 2QH
TYPELeisure Property, Licensed & Leisure
TENUREInvestment Opportunity, Under Offer, For Sale Freehold
POSTED ON11th April 2024

Description

Key Points

  • Prime location in established leisure circuit and in close proximity to Buchanan Street
  • Let to well established operator who has been in occupation for 10+ years
  • Low passing rent of £33,000 per annum
  • c9 years unexpired with no breaks
  • Nearby operators include Wagamama’s, Shilling Brewing Co, Yo Sushi, Stack & Still, Donner Haus, German Donner Kebab, Rosa’s Thai, Dim Sum, Maki Ramen and Dr Noodles
  • Offers over £400,000 = 7.98% NIY
  • Summary

    Well-let city centre investment opportunity with c.9 years unexpired with no tenant break option

    Description

    Well-fitted licensed premises arranged over ground floor and basement.

    Internally the ground floor provides main front bar area with seating complete with male, female and ambulant WCs.

    A hidden rear beer garden is provided, which is held on a separate lease and does not form part of the sale.

    A single staircase provides access to the lower ground floor where a fully fitted kitchen as well as storage space are provided.

    Location

    Located within the heart of Glasgow City Centre on the east side of West Nile Street, a short distance north of its junction with West George Street and in close proximity to Buchanan Street, Sauchiehall Street and George Square

    West Nile street has become a popular eating and drinking destination and is home to a superb mix of local and national operators

    Nearby operators include Wagamama’s, Shilling Brewing Co, Yo Sushi, Stack & Still, Donner Haus, German Donner Kebab, Rosa’s Thai, Dim Sum, Maki Ramen and Dr Noodles

    On-street parking is provided to the front of the unit as well as there being various multi-storey car parks

    Buchanan Street Underground Station, Glasgow Central Station and Queen Street Station are all within a 5-minute walk

    Location

    marker
    Location: Cuil Cuil, 84 - 86 West Nile Street, Glasgow, G1 2QH

    Glasgow Queen Street (0.1 miles)

    Glasgow Central (0.2 miles)

    Argyle Street (0.3 miles)

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