Heritable Retail Investment
Heritable Retail Investment
Kirkintilloch is a popular market town just north of Glasgow. The property is located on the western side of Cowgate, the town's principal retailing thoroughfare. The Regent Shopping Centre is located 100 metres away and houses retailers including Boots, Poundland, Tesco and Superdrug. Other nearby occupiers include Santander, Domino's Pizza, Subway, Greggs, M&Co and WH Smith.
Heritable. (Scottish equivalent of English Freehold)
Kirkintilloch is a popular market town just north of Glasgow. The property is located on the western side of Cowgate, the town's principal retailing thoroughfare. The Regent Shopping Centre is located 100 metres away and houses retailers including Boots, Poundland, Tesco and Superdrug. Other nearby occupiers include Santander, Domino's Pizza, Subway, Greggs, M&Co and WH Smith.
Heritable. (Scottish equivalent of English Freehold)
The property comprises a ground floor bank with basement ancillary accommodation.
VAT is not applicable to this lot.
Six Week Completion
Available from the legal pack at acuitus.co.uk
The property comprises a ground floor bank with basement ancillary accommodation.
VAT is not applicable to this lot.
Six Week Completion
Available from the legal pack at acuitus.co.uk
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reversion | |
|---|---|---|---|---|---|---|---|
| Ground Basement |
Retail Ancillary |
86.76 sq m 54.46 sq m |
(934 sq ft) (586 sq ft) |
BARCLAYS BANK PLC (1) |
5 years from 08/07/2016 on a full repairing and insuring lease |
£20,000 | 07/07/2021 |
| Total |
141.22 sq m |
(1,520 sq ft) |
£20,000 | ||||
(1) For the year ending 31st December 2018, Barclays Bank Plc reported pre-tax profits of £1,286,000,000 and a total net worth of £46,382,000,000 (Source: Experian 11/09/2019).
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