Nearby occupiers include Santander, Domino's Pizza, Subway, Greggs, M&Co and WH Smith
Lot 53
Auction 24th October 2019
Rent
Status Sold Prior
Price
Sector High Street Retail
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
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)
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
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
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).