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Agent's details

207 Allison Street, G42

For sale: POA|1,034 Sq Ft|General Retail, Retail

Property details

FOR SALEPOA
SIZE1,034 Sq Ft
ADDRESS207 Allison Street, Glasgow, G42 8RU
TYPEGeneral Retail, Retail
TENUREInvestment Opportunity, Under Offer, For Sale Freehold
POSTED ON22nd August 2024

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
  • Summary

    Retail investment opportunity located within the busy and popular Govanhill area of Glasgow's south side.

    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.

    Availability_text

    The accommodation comprises the following areas:

    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.

    Location

    marker
    Location: 207 Allison Street, Glasgow, G42 8RU

    Queens Park (Glasgow) (0.2 miles)

    Crosshill (0.3 miles)

    Pollokshields East (0.5 miles)

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