1397 Dumbarton Road, G14

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Key Points

Summary

The property is located in a corner position on the south side of Dumbarton Road at its junction with Methil Street within Whiteinch

Description

The subjects comprise a corner retail unit forming part of the ground floor and basement of a four storey and basement blonde sandstone tenement property under a pitched and slated roof. The upper floors appear to be residential in nature.

The glazed frontage with recessed entrance door sits under an illuminated fascia board and is protected by a roller shutter. Internally, the ceilings in the main sales area are of suspended tile which incorporate square LED lighting. The walls are of wallpaper/plaster paint and the floor is covered in laminate. Access to the basement is provided via a stairwell at the back of the shop where there are 2 rooms and staff welfare facilities.

Location

Glasgow is Scotland’s largest city and is situated in the central belt and on the west coast. There are four main motorways which run through the city putting it at the hub of Scotland’s road network.

The property is located in a corner position on the south side of Dumbarton Road at its junction with Methil Street within the Whiteinch area of Glasgow. The property is in close proximity to the Clyde Tunnel and Junction 24 of the M8 Motorway. The A814 and the A739 both run close by offering good links to the surrounding areas whilst rail links are good with Jordanhill Railway Station, Scotstounhill Railway Station, Partick RailwayStation and Hyndland Railway Station all situated close by. Nearby retailers include Lifestyle Express, Lotus Lebanese Restaurant and Blackhill Bakery.

Promo

Investment Sale

Availability_text

The accommodation comprises the following areas:

Tenancy

The property is let on a 19 year full repairing and insuring lease that commenced in January 2023, at a rent of £9,000 per annum. The rent is subject to an open market rent review in January 2025 and on every 3rd anniversary. There are not any break options in the lease.

Tenure

Heritable Interest (Scottish equivalent of English Freehold).

Price

Offers in excess of £100,000 are invited for the heritable interest subject to the lease agreement in place. Based on a rental income of £9,000 per annum a purchase at this level would reflect a net initial yield of 9%.

EPC

A copy of the Energy Performance Certificate (EPC) is available upon request.

what3words

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