10 - 12 Busby Road
Clarkston
Glasgow
G76 7XL

Heritable Retail Investment

  • Let to Sainsbury's Supermarkets Limited (sublet to Avondale Fitness Limited) and Tote Bookmakers Limited
  • Prominent location in popular Glasgow suburb
  • Opposite Clarkston Railway Station
  • Nearby occupiers include Boots, Tesco, Greggs, Thomas Cook, Pizza Hut and branches of Bank of Scotland, TSB and Santander
  • For the Seller's Legal Pack, please click the Property Documents tab below
  • Lot
    38
  • Auction
    25/May/2017
  • Rent
    £135,000 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • 10 - 12 Busby Road<br>Clarkston<br>Glasgow<br>G76 7XL
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Property Information

Location
Miles
6 miles south of Glasgow City Centre
Roads
A77, A726, M77 (Junction 3)
Rail
Clarkston Railway Station (approx 19 mins direct to Glasgow City Centre)
Air
Glasgow International Airport
Situation

Clarkston is a popular commuter suburb within the Glasgow conurbation south of the City Centre. Busby Road (B767) is located close to the A77 which in turn provides direct access to Glasgow City Centre to the north. The property is prominently situated on the west side of Busby Road, close to its junction with Eastwoodmains Road, opposite Clarkston Railway Station and a public car park. Nearby occupiers include Boots, Tesco, Greggs, Thomas Cook, Pizza Hut and branches of Bank of Scotland, TSB and Santander.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises two adjoining ground floor retail units which form part of a larger building and benefits from the use of off-street parking to the front.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

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 advisable. For more information, please click here.

Tenancy & Accomodation

UnitFloorUseFloor Areas (Approx)TenantTermRent p.a.xReversion
10
Ground
Fitness Centre
475.84 sq m
(5,122 sq ft)
SAINSBURY’S
SUPERMARKETS
LIMITED (1) sublet to Avondale Fitness Limited
t/a Anytime Fitness
25 years
from
10/11/2003
£92,500
09/11/2028
12
Ground
Betting Shop
121.14 sq m
(1,304 sq ft)
TOTE BOOKMAKERS
LIMITED t/a Betfred (2)
25 years from
01/08/2005
£42,500
31/07/2030
Total
 
596.98 sq m
(6,426 sq ft)
  £135,000
 

1) For the year ending 12th March 2016, Sainsbury's Supermarkets Limited reported a turnover of £23,168,000,000, pre-tax profits of £406,000,000 and a total net worth of £4,458,000,000 (Source: Experian Group 24/04/2017).
(2) Founded in 1967, Betfred is one of the UK's largest bookmakers employing over 10,000 staff across 1,380 licensed betting offices (Source: www.betfredcorporate.com).

Property Documents

  • Solicitors Legal Pack
    Updated Date
    22.05.17
    File Size
    45 MB
    Login to View
  • Catalogue Page
    Updated Date
    03.05.17
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    03.05.17
    File Size
    2 MB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Mhairi JarvisMhairi Jarvis +44 (0)131 552 5191 +44 (0)7718 899 341mhairi.jarvis@acuitus.co.uk
Will MooreWill Moore +44 (0)20 7034 4858 +44 (0)7899 877 224will.moore@acuitus.co.uk
Associate Auctioneers
Shaw Smith Property 2F , 95 West Regent St
Glasgow
G2 2BA
Dermit Smith 0141 433 1957dermit@shawsmithproperty.com
Seller's Solicitors
Morisons LLP 1 Exchange Crescent Conference Square
Edinburgh
EH3 8AL
Robin Valentine 0131 240 8657robin.valentine@morisonsllp.com

Useful Links

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