230 - 234 Battlefield Road
Glasgow
G42 9HN

Heritable Dental Surgery Investment

  • Let to Petrie Tucker & Partners Limited
  • Lease expires in May 2025 (by way of lease extension)
  • May 2019 Tenant Break Option not exercised
  • Nearby retailers on Battlefield Road include Sainsbury's, Greggs, Domino's and Subway and 0.2 miles from Mount Florida Train Station
  • Forms part of an attractive period building
  • VAT-free investment
  • Lot
    44
  • Auction
    11/Jul/2019
  • Rent
    £16,065 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    Medical/Healthcare
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
Important Auction & Property Update
  • 230 - 234 Battlefield Road<br>Glasgow<br>G42 9HN
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* More information on the term "price" can be found here

Property Information

Location
Miles
2 miles south of Central Glasgow
47 miles west of Edinburgh
Roads
A74, A77, M8, M74, M77, M80
Rail
Mount Florida
Air
Glasgow Airport
Situation

The property is located in Mount Florida, a southern suburb of Glasgow approximately 2 miles south of the city centre. The property is situated opposite the Langside Campus, part of Glasgow Clyde College and a very short walk to Mount Florida Train Station, as well as being within close proximity to Hampden Park, Scotland's national stadium. Nearby retailers on Battlefield Road include Sainsbury's Local, Gregg's, Domino's Pizza and Subway.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a ground and first floor dental practice which forms part of a larger period building.

VAT

VAT is not applicable to this lot.

EPC

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

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReview
Ground
First
Dental Practice
Dental Practice
95.97 sq m
79.49 sq m
(1,033 sq ft)
(856 sq ft)
PETRIE TUCKER &
PARTNERS
LIMITED (1)
t/a MyDentist (2)
Approximately 23
years from
25/07/2002 until
27/05/2025 on a full
repairing and
insuring lease (3)
£16,06528/05/2019 (4)
and
28/05/2024
Total
175.46 sq m
(1,889 sq ft)
  £16,065 

(1) For the year ending 31st March 2018, Petrie Tucker and Partners Limited reported a turnover of £52,468,000, pre-tax profit of £4,245,000 and a total net worth of £70,173,000.
(2) Mydentist is Europe's largest dental car provider with over 600 practices throughout the UK and Europe.
(3) The lease is full repairing and insuring, subject to a Schedule of Condition.
(4) The May 2019 Rent Review is outstanding.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    09.07.19
    File Size
    15 MB
    Login to View
  • Catalogue Page
    Updated Date
    19.06.19
    File Size
    559 KB
    View PDF
  • Site Plan
    Updated Date
    19.06.19
    File Size
    643 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Mhairi JarvisMhairi Jarvis +44 (0)7718 899 341mhairi.jarvis@acuitus.co.uk
Seller's Solicitors
Archibald Sharp Solicitors 270 Dumbarton Road
Glasgow
Lanarkshire
G11 6TX
Michelle Rankin 0141 339 3036mrankin@archibaldsharp.co.uk

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