99 Byres Road Glasgow Lanarkshire G11 5HW

99 Byres Road
Glasgow
Lanarkshire
G11 5HW

Heritable (Scottish Equivalent of English Freehold) Retail Investment

Ground floor let until 2023 (subject to option)
Situated on one of the main retailing thoroughfares within the West End of Glasgow
Within close proximity of the University of Glasgow
VAT is applicable to this sale
Six Week Completion
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
48
Auction
26th March 2015
Rent
£12,000 per Annum Exclusive
Status
Sold
Price
£162,000
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of Trustees

Important Update

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Heritable (Scottish Equivalent of English Freehold) Retail Investment

Ground floor let until 2023 (subject to option)
Situated on one of the main retailing thoroughfares within the West End of Glasgow
Within close proximity of the University of Glasgow
VAT is applicable to this sale
Six Week Completion
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 48
Auction 26th March 2015
Rent £12,000 per Annum Exclusive
Status Sold
Price £162,000
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of Trustees

Property Information

Tenure

Heritable.

Tenure

Heritable.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review/(Reversion)
Ground	Retail	27.68 sq m	(298 sq ft)	PHOENIX MULTI SERVICE SHOP LTD (with guarantee) (1)	10 years from 19/07/2013 (2)	£12,000	28/05/2018 (18/07/2023)
Totals		27.68 sq m	(298 sq ft)			£12,000

(1) Phoenix Multi Service Shop Ltd specialises in shoe repairs, key cutting, engraving, watch repairs, photo ID, bag repairs, stitching and patching. (Source: www.phoenixmultiservice.co.uk)
(2)There is a tenant option to determine the lease on 19/07/2018.