FOR SALE BY ONLINE AUCTION WEDNESDAY 23RD OF APRIL 2025 AT 9AM - ***FANTASTIC CHANCE TO ACQUIRE A PRIME TENANTED COMMERCIAL PROPERTY ON CLARKSTON ROAD, GLASGOW***HIGH FOOTFALL AND EXCELLENT VISIBILITY***GREAT POTENTIAL ASSET MANAGEMENT OPPORTUNITY***FIRST TIME ON OPEN MARKET IN OVER 20 YEARS***
***An excellent opportunity to acquire a fully tenanted commercial property in the sought-after Southside of Glasgow. Situated on the busy thoroughfare of Clarkston Road, this well-positioned retail unit benefits from high footfall and excellent visibility.***
***PROPERTY HIGHLIGHTS***
- *SECURE TENANT IN PLACE* – Reliable income from an established hairdressing business. Rent up to date and tenant has paid on time for previous 10 years minimum. Tenant has been in property for over 15 years. Lease granted on October 2009 and expires on 30th September 2025...ideal asset management opportunity.
- *Passing rental is £10,000 ex VAT per annum, payable on 25th February, May, August and November in each year. Estimated potential market rent: £15,000 per annum*
- *Permitted use is as a hairdressing business with retail sales and other ancillary uses, or any other Class1 use the landlord may approve*
- *HIGH PROFILE LOCATION* – Situated in the heart of Netherlee, a vibrant and affluent area. Property is situated on a main road, corner position.
- *EASY TRANSPORT LINKS* – Close to major bus routes and Muirend train station.
- *EXCELLENT FOOTFALL & PASSING TRADE* – Benefiting from a mix of local residents and visitors.
- *WELL-MAINTAINED PREMISES* – Modern frontage with a well-kept interior.
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 75, 1/2, Clarkston Road, Glasgow, G44 3BQ - SOLD Dec'23 - £227,500
- 61, Riverside Park, Linnpark Avenue, Glasgow, G44 3PG - SOLD Jan'25 - £216,500
- 17, The Limes, Millholm Road, Glasgow, G44 3YB - SOLD Jan'25 - £206,500
***Cathcart is an area of Glasgow between Battlefield, Mount Florida, King's Park, Muirend and Newlands. The White Cart Water flows through Cathcart, downstream from Linn Park. In 2014, it was rated one of the most attractive postcode areas to live in Scotland.***Cathcart is served by Cathcart railway station on the Cathcart Circle Line, as well as numerous bus routes.***Linn Park, the second largest park in the city, is within the surrounding area. The semi natural woodland, declared a local nature reserve in 2012, has a large path network and river walk.***
***Glasgow is the largest city in Scotland, and the city centre is busy and thriving, with no shortage of demand for office space***There are many transport links to and from the city, with the M8 motorway running through the centre and two large train stations, as well as multiple bus routes into and within the centre***Local amenities include a high number of restaurants, bars, nightclubs, theatres and cinemas***The M8 Motorway network provides easy access for commuting across central Scotland as well as Glasgow International Airport.***
GUIDE PRICE: £150,000
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Please note that as per the Estate Agents Act 1979 the vendor of the property is a connected party.
FANTASTIC CHANCE TO ACQUIRE A PRIME TENANTED COMMERCIAL PROPERTY ON CLARKSTON ROAD, GLASGOW
HIGH FOOTFALL AND EXCELLENT VISIBILITY
GREAT POTENTIAL ASSET MANAGEMENT OPPORTUNITY
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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