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Tenanted Commercial

44 Kilmarnock Road, Madina Store, Shawlands, Glasgow, G41 3NH

£299,000
Commercial
About this Property
2025-07-10
299000
Traditional
Commercial
Description

tatus: Available Type: Commercial Ownership: Freehold Occupation: Tenanted Rateable Value: Search INCOME PRODUCING INVESTMENT*** Commercial premises over ground & first (5,943 sq ft) Let to Madina Store on a FRI lease producing £32,500pa with 8 years remaining. Tenant: Madina Edibles Ltd t/a Madina Store Expiry: 24/08/2033 Rent review: 25/08/2028 Passing Rent: £32,500p.a.x. Service Charge cap of £4,156 which increases by 3% per annum Arranged over ground and first floor area, the property is accessed via street level, with a single frontage, and has been fitted out and decorated internally to meet the tenant’s standard. PRIME TOWN CENTRE LOCATION Neighbouring retailers include Greggs, Virgin Money, Co-op, B&M, Boots, Sainsbury’s Local, Iceland, Oro Italian Restaurant, and independent bar and restaurant operators Shawlands is a highly sought after and densely populated affluent residential suburb, approximately 3 miles south of Glasgow City Centre. INCOME PRODUCING INVESTMENT*** Commercial premises over ground & first (5,943 sq ft) Let to Madina Store on a FRI lease producing £32,500pa with 8 years remaining. Tenant: Madina Edibles Ltd t/a Madina Store Expiry: 24/08/2033 Rent review: 25/08/2028 Passing Rent: £32,500p.a.x. Service Charge cap of £4,156 which increases by 3% per annum Arranged over ground and first floor area, the property is accessed via street level, with a single frontage, and has been fitted out and decorated internally to meet the tenant’s standard. PRIME TOWN CENTRE LOCATION Neighbouring retailers include Greggs, Virgin Money, Co-op, B&M, Boots, Sainsbury’s Local, Iceland, Oro Italian Restaurant, and independent bar and restaurant operators. Shawlands is a highly sought after and densely populated affluent residential suburb, approximately 3 miles south of Glasgow City Centre. Kilmarnock Road forms part of Shawlands Cross, the vibrant centre of Shawlands—known for its independent cafés, bars, restaurants, and period sandstone tenements nearby.

Shawlands is a highly sought after and densely populated affluent residential suburb, approximately 3 miles south of Glasgow City Centre.

Shawlands Arcade regeneration: A £68?million redevelopment aims to add ~300 residential units, retail, cafés, and public plaza to refresh the area Glasgow is the largest city in Scotland, with a population of over 635,000. The city has an extensive catchment, with the Greater Glasgow conurbation extending to approximately 2.3 million people within a one-hour drive time, accounting for more than 40% of Scotland’s population.

Glasgow is the largest and most significant retail market in the UK outside of London’s West End. The city is consistently ranked second in the CACI retail rankings and provides over 5.3 million sq ft of retail space.

The subject property is located on the northern aspect of Kilmarnock Road, in close proximity to Shawlands Arcade. Nearby occupiers include Gre Full Address: 44 Kilmarnock Road, Madina Store, Shawlands, Glasgow, G41 3NH

Location
More Information
Freehold
Kilmarnock Road
Commercial
Planing Authority
Glasgow City
Sold Price History
17 Jul 2025Available Lot Future Auctions£299,000

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