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851 / 853 Shettleston Road, G32

For sale: £280,000.00|2,470 Sq Ft|Other, Other Property Types & Opportunities

Property details

FOR SALE£280,000.00
SIZE2,470 Sq Ft
ADDRESS851 / 853 Shettleston Road, Glasgow, G32 7NR
TYPEOther, Other Property Types & Opportunities
TENUREUnder Offer, For Sale Freehold
POSTED ON1st May 2025

Description

Key Points

  • Let to Ladbrokes Betting & Gaming Limited
  • Arranged over ground and first floor (first floor not in use)
  • Tenant has been in occupation for 20 years
  • Recently renewed for 10 years from Nov 2025
  • Low passing rent of £24,00 per annum (Low ITZA rate of £12.27/sq ft)
  • Upwards only open-market rent review in November 2030
  • Offers over £280,000 invited reflecting a gross yield of 8.57%
  • Summary

    Prominent long-let bookmaker investment within the Shettleston area of Glasgow's East End

    Description

    Highly prominent triple fronted bookmaker unit which is operated from ground floor with an unused first floor, offering future development potential.

    The property is fitted out to a high standard, in Ladbrokes corporate style, providing completely open-plan accommodation to the front with customer and staff WC's to the rear together with staff tea-prep facilities.

    Location

    The subjects are located within the Shettleston area of Glasgow just 3 miles east of Glasgow City Centre.

    More specifically the subject proeprty is situated on the north side of Shettleston Road (A89), a short distance west of its junction with Wellshot Road.

    Shettleston Road is a busy main arterial route with high volumes of passing traffic connecting with the city centre travelling west together with various neighbouring areas of the east end travelling east.

    Regular bus services operate on Shettleston Road whilst Carntyne Railway Station is a 5 minute walk north.

    Neighbouring occupiers include The Town Tavern, The Cottage Bar, Liqour Barn and Glasgow Independant Funeral Care.

    Availability_text

    The accommodation comprises the following areas:

    Tenancy Information

    Let to Ladbrokes Betting & Gaming Limited (00775667)
    5A1 D&B Rating
    Tenant has been in occupation for 20 years
    Recently renewed for a further 10 years from November 2025
    Low passing rent of £24,000 per annum (£12.27/sq ft Zone A)
    Upwards only OMR review in Nov 2030 and tenant only break option with 6 months notice

    Location

    marker
    Location: 851 / 853 Shettleston Road, Glasgow, G32 7NR

    Carntyne (0.5 miles)

    Shettleston (0.6 miles)

    Carmyle (1.3 miles)

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