Co-op, Main Street
G82 5PD

Heritable Index-Linked Supermarket Investment

  • Let to Co-operative Group Food Limited until 2032 (no breaks)
  • Five yearly CPI linked rental increases (minimum 1% p.a. and maximum 3% p.a. compounded)
  • Recently redeveloped supermarket
  • Affluent Glasgow commuter location
  • Lot
  • Auction
  • Rent
    £45,500 per Annum Exclusive
  • Status
  • Price*
  • Sector
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • Co-op, Main Street<br>Cardross<br>G82 5PD
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  • Photos
  • Map

Property Information

24 miles west of Glasgow, 3 miles west of Dumbarton, 4 miles east of Helensburgh
M8, A82, A814
Cardross Railway Station
Glasgow International Airport

Cardross is an affluent Glasgow commuter location, just 24 miles north-west of Glasgow. Cardross benefits from excellent communications, being situated on the A814 trunk road which leads to the A82, M8 and Glasgow City Centre. Cardross railway station provides a direct approximate journey time to Glasgow Queens Street station of 30 minutes. The property is located in a prominent corner position at the junction of Main Street and Barrs Road, within a densely populated residential area.


Heritable. (Scottish equivalent of English Freehold).


The property, a recently redeveloped former hotel with a newly constructed extension, comprises a ground floor local supermarket with a residential flat on the first floor which is not included in the sale.


VAT is applicable to this lot.

Bidder's Legal Report

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Tenancy & Accomodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReviews
288 sq m
(3,100 sq ft)
15 years from
10/04/2017 until
09/04/2032 on a
full repairing and
insuring lease (2)
and five yearly
288 sq m
(3,100 sq ft)

(1) The Co-operative is the UK’s fifth largest food retailer, with over 2,500 stores ( For the year ending 2nd January 2016, Co-operative Group Food Limited reported a turnover of £6,475,500,000, pre-tax profits of -£429,600,000 and a total net worth of £1,385,500,000 (Source: Experian Group 08/11/2017).
(2) The tenant has an option to extend the lease for a further 10 years at expiry in 2032.
(3) The rent reviews are five yearly and linked to the Consumer Price Index (CPI), with a minimum of 1% per annum and a maximum of 3% per annum compounded.

Property Documents

  • Site Plan
    Updated Date
    File Size
    1 MB
    View PDF
  • Catalogue Page
    Updated Date
    File Size
    951 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    File Size
    27 KB
    View PDF


Mhairi JarvisMhairi Jarvis +44 (0)131 552 5191 +44 (0)7718 899
Will MooreWill Moore +44 (0)20 7034 4858 +44 (0)7899 877
Seller's Solicitors
Peterkins Robertson and Paul Solicitors Kensington House, 227 Sauchiehall Street
G2 3EX
David Morris 0141 331

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