80, 82 & 84 Main Street Cambuslang Glasgow G72 7EP

80, 82 & 84 Main Street
Cambuslang
Glasgow
G72 7EP

Heritable Bar Investment with Self-Contained Former Restaurant Above

Predominantly let to tenant trading as Cheers Bar
New 10 year lease from December 2018 (lease renewal) (1)
Tenant in occupation for at least 15 years
Vacant former restaurant above with separate access from the front (with Change of Use potential, subject to planning)
Adjacent to Costa Coffee and close to Farmfoods, Greggs, Morrisons and Superdrug
VAT-free investment
Popular Glasgow commuter suburb

Lot
59
Auction
11th July 2019
Rent
£17,000 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
London W1H 7TN

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Heritable Bar Investment with Self-Contained Former Restaurant Above

Predominantly let to tenant trading as Cheers Bar
New 10 year lease from December 2018 (lease renewal) (1)
Tenant in occupation for at least 15 years
Vacant former restaurant above with separate access from the front (with Change of Use potential, subject to planning)
Adjacent to Costa Coffee and close to Farmfoods, Greggs, Morrisons and Superdrug
VAT-free investment
Popular Glasgow commuter suburb

Lot 59
Auction 11th July 2019
Rent £17,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector
Public House
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
London W1H 7TN

Property Information

Location

Miles: 8 miles south-east of Glasgow; 44 miles west of Edinburgh
Roads: A74, M8, M73, M74
Rail: Cambuslang
Air: Glasgow Airport

Situation

Cambuslang is a suburban town on the south-eastern outskirts of Glasgow. The town is located just south of the River Clyde and approximately 8 miles south-east of central Glasgow. The property is located on the south side of the busy Main Street, close to its junction with Greenlees Road and a short walk to Cambuslang Train Station. Nearby retailers include Costa Coffee, Boots the Chemist, Savers. Domino’s, Subway, Morrisons, Farmfoods and Greggs.

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Location

Miles: 8 miles south-east of Glasgow; 44 miles west of Edinburgh
Roads: A74, M8, M73, M74
Rail: Cambuslang
Air: Glasgow Airport

Situation

Tenure

Heritable. (Scottish Equivalent of English Freehold).

Description

The property comprises a ground floor bar with a former restaurant above on the first floor, separately accessed from Main Street.

VAT

VAT is not applicable to this lot.

EPC

Band G. See legal pack at acuitus.co.uk

Description

The property comprises a ground floor bar with a former restaurant above on the first floor, separately accessed from Main Street.

VAT

VAT is not applicable to this lot.

EPC

Band G. See legal pack at acuitus.co.uk

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground	Bar/Public House	81.00 sq m	(872 sq ft)	WHITE HACKLE LTD	10 years from 21/12/2018 (1)	£17,000	21/12/2023
First	Former Restaurant	169.64 sq m	(1,826 sq ft)	VACANT
Total		250.64 sq m	(2,698 sq ft)			£17,000