Burger King, Hillington Retail Park
Hillington Road
Glasgow
G52 4BL

Heritable Drive Thru Restaurant Investment

  • Let to tenant trading as Burger King on extended 20 year lease from September 2018 (no breaks) (2)
  • Prominent roundabout location at one of the main entrances to the retail park and adjacent to Shell petrol station
  • Approximately 240.98 sq m (2,594 sq ft) on substantial site
  • Close to Junction 26 of M8 motorway, 2 miles from Intu Braehead and 4 miles from Glasgow Airport
  • Lot
    20
  • Auction
    11/Dec/2019
  • Rent
    £85,600 per Annum Exclusive
  • Status
    Available
  • Price*
    £1,100,000 - £1,150,000
  • Sector
    Restaurant
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
  • Burger King, Hillington Retail Park<br>Hillington Road<br>Glasgow<br>G52 4BL
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  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
6 miles west of Glasgow city centre
53 miles west of Edinburgh
Roads
A739, A761, M8, M77
Rail
Hillington West, Hillington East
Air
Glasgow Airport
Situation

Hillington is a well established trade and industrial location to the west of Glasgow city centre. The property is located on the A736 Hillington Road, benefiting from its proximity to both the city centre and Glasgow Airport, due to its links with the M8 at junction 26. Hillington Park, 1/4 mile west of the property, is Scotland's largest industrial estate and business park and is recognised as a highly acclaimed location for manufacturing, industrial, technology and distribution based business in Scotland and the UK. The property is located adjacent to a Shell petrol station and shop and 2 miles from intu Braehead, with retailers including Nando's, Sports Direct, Waterstones, Apple and Primark. Other nearby occupiers include Ikea, Ducati, Harley-Davidson and car dealerships including Renault and Alpine.

Tenure

Heritable.

Description

The property is a detached, purpose built, single storey fast food restaurant. The property benefits from a drive thru area to the side of the property and on-site parking for approximately 39 cars. The site extends to some 0.287 hectares (0.74 acres).

VAT

VAT is applicable to this lot.

EPC

See legal pack at acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReviews
GroundRestaurant
240.98 sq m
(2,594 sq ft)
BKUK GROUP LIMITED (1) t/a Burger King20 years from 13/09/2018
until 12/09/2038 (2) on a full repairing and insuring lease
£85,60028/08/2023 and
five yearly thereafter
Total 
240.98 sq m
(2,594 sq ft)
  £85,600 

(1) BKUK Group Limited is Burger King's master franchise for England and Scotland. Bridgepoint is the ultimate owner of BKUK Group Limited. BKUK Group Limited acquired Caspian Food Retailers Limited which operates a number of Burger King franchises (Source: www.burgerking.co.uk 21/05/2019). Burger King has more than 500 restaurants in the UK (Source: www.foodserviceequipmentjournal.com 21/05/2019). A rent deposit of £42,800 is held by the landlord.
(2) The lease was originally let for a term of 25 years from 13/09/1993 and then extended for 20 years to expire on 12/09/2038.

If you are the successful bidder Acuitus requires a separate payment of £500 plus VAT (£600 inclusive of VAT) buyer's administration charge payable to Acuitus Limited

Property Documents

  • Solicitors Legal Pack
    Updated Date
    03.12.19
    File Size
    75 MB
    Login to View
  • Catalogue Page
    Updated Date
    20.11.19
    File Size
    2 MB
    View PDF
  • Site Plan
    Updated Date
    20.11.19
    File Size
    1 MB
    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
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
Pinsent Masons LLP 141 Bothwell Street
Glasgow
G2 7EQ
Lesley Anne Todd 0141 249 5517Lesley-Anne.Todd@pinsentmasons.com  Michael Livingston 0141 249 5517Michael.Livingston@pinsentmasons.com

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