21 Cowgate
Kirkintilloch
Glasgow
G66 1HW

Heritable Retail Investment

  • Let to Barclays Bank Plc
  • Prominent town centre location
  • Nearby occupiers include Santander, Domino's Pizza, Subway, Greggs, M&Co and WH Smith
  • Lot
    53
  • Auction
    24/Oct/2019
  • Rent
    £20,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price*
     
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
Important Auction & Property Update
  • 21 Cowgate<br>Kirkintilloch<br>Glasgow<br>G66 1HW
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* More information on the term "price" can be found here

Property Information

Location
Miles
9 miles west of Cumbernauld
10 miles north-east of Glasgow city centre
Roads
A803, A806, M8 and M80
Rail
Lenzie Railway Station
Air
Glasgow Airport
Situation

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.

Tenure

Heritable. (Scottish equivalent of English Freehold)

Description

The property comprises a ground floor bank with basement ancillary accommodation.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReversion
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
£20,00007/07/2021
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).

Property Documents

  • Site Plan
    Updated Date
    02.10.19
    File Size
    3 MB
    View PDF
  • Catalogue Page
    Updated Date
    02.10.19
    File Size
    887 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    19.09.19
    File Size
    36 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Mhairi JarvisMhairi Jarvis +44 (0)7718 899 341mhairi.jarvis@acuitus.co.uk
Seller's Solicitors
Brodies LLP 15 Atholl Crescent
Edinburgh
EH3 8HA
Alex Buchan 0131 656 3745alex.buchan@brodies.com

Useful Links

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