Heritable Leisure Investment
Heritable Leisure Investment
Rutherglen is a suburb to the south-east of Glasgow city centre and easily accessible via junction 2 of the M74 motorway and is also well connected by rail with the average journey time to Glasgow Central Station of just 10 minutes. The property is located on the south side of Main Street and is a short walk from Rutherglen Shopping Centre. Neighbouring occupiers include Greggs, Poundland, Santander and The Co-operative Funeralcare.
Heritable.
Rutherglen is a suburb to the south-east of Glasgow city centre and easily accessible via junction 2 of the M74 motorway and is also well connected by rail with the average journey time to Glasgow Central Station of just 10 minutes. The property is located on the south side of Main Street and is a short walk from Rutherglen Shopping Centre. Neighbouring occupiers include Greggs, Poundland, Santander and The Co-operative Funeralcare.
Heritable.
The property comprises a ground floor retail unit within an extended mid terrace four storey building.
VAT is applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a ground floor retail unit within an extended mid terrace four storey building.
VAT is applicable to this lot.
Six Week Completion
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground | Amusement Arcade |
113.59 sq m |
(1,223 sq ft) |
MEGA LEISURE (SCOTLAND) LIMITED (1) |
21 years from 21/05/2008 to 20/05/2029 (3) |
£28,500 (3) | 21/05/2021 and 21/05/2026 (2) |
| Totals |
113.59 sq m |
(1,223 sq ft) |
£28,500 (3) | ||||
(1) Mega Leisure (Scotland) Limited operate gaming centres throughout the west of Scotland. For the year ending 31st August 2016, Mega Leisure (Scotland) Limited recorded a net worth of £226,114.
(2) The rent review dated 21/05/2016 remains outstanding.
(3) Please note that there is a requirement to pay a contribution to service charge (to Rutherglen & Cambuslang Housing Association). The annual payment is approximately £500.
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