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Tenanted Commercial

488 Great Western Road, Glasgow, G12 8EW

£445,000
Commercial
About this Property
2025-07-17
445000
Traditional
Commercial
Description

tatus: Available Type: Commercial Ownership: Freehold Occupation: Tenanted Rateable Value: Search INCOME PRODUCING INVESTMENT** FULL CLASS 3 Hot food consents. Held on a FRIL with 9 years unexpired currently producing £41,600 per annum. Estimated market rent £60,000 per annumVAT FREE 100% prime West End of Glasgow location. Tenant: Chilos Burger Ltd Expiry: 31st July 2034 (No Breaks) Passing Rent: £41,600p.a. Reviews: 2027 / 2030 / 2033 Deposit: £6,933 Held by the landlord The property has been calculated to extend to the following area; Ground: 56.94sqm (613sq ft) Bsm: 50.83sqm (547sq ft) Total: 107.77sqm (1,160sq ft) The property has been extensively renovated. The property offers basement stores and office, accessed via a single staircase to the rear of the demise, with open plan customer seating area, kitchen and w.c. facilities situated at ground floor. With return frontage onto Great Western Road and Belmont Street, the property benefits from an enviable position catching passing traffic gazes from Great Western Road and Bank Street. INCOME PRODUCING INVESTMENT** FULL CLASS 3 Hot food consents. Held on a FRIL with 9 years unexpired currently producing £41,600 per annum. Estimated market rent £60,000 per annumVAT FREE 100% prime West End of Glasgow location. Tenant: Chilos Burger Ltd Expiry: 31st July 2034 (No Breaks) Passing Rent: £41,600p.a. Reviews: 2027 / 2030 / 2033 Deposit: £6,933 Held by the landlord The property has been calculated to extend to the following area; Ground: 56.94sqm (613sq ft) Bsm: 50.83sqm (547sq ft) Total: 107.77sqm (1,160sq ft) The property has been extensively renovated. The property offers basement stores and office, accessed via a single staircase to the rear of the demise, with open plan customer seating area, kitchen and w.c. facilities situated at ground floor. With return frontage onto Great Western Road and Belmont Street, the property benefits from an enviable position catching passing traffic gazes from Great Western Road and Bank Street. The subjects are located within the Kelvinbridge area of Glasgow’s West End approximately 1 mile west of the city centre and in close proximity to Glasgow University. More specifically the subject property commands a prominent position on the north side of Great Western Road by its junction with Belmont Street and immediately opposite its junction with Bank Street. Neighbouring occupiers include IJ Mellis Cheesemongers, COOK, Cottonrake Bakery, Co-op Food and Paesano Pizza

The property comprises a prime positioned corner commercial premises set within a larger 4 storey mixed use traditional sandstone development surmounted by a pitched roof.

With return frontage onto Great Western Road and Belmont Street, the property benefits from an enviable position catching passing traffic gazes from Great Western Road and Bank Street. Full Address: 488 Great Western Road, Glasgow, G12 8EW

Location
More Information
Freehold
Great Western Road
Commercial
Planing Authority
Glasgow City

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