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  4. Springhill, East Renfrewshire

122 Nithsdale Rd, Glasgow

Restaurant for sale in Glasgow

£350,000 / 858 sq ft

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Highlights

Full address
122 Nithsdale Rd, Glasgow G41 5RB – Glasgow
Asking price
£350,000
Links
Pdf #1 marketing brochure/flyer

Sale details

There is 1 space available, measuring 858 sq ft.

Sale unit Available

Unit
Sale unit
Size
858 sq ft
Price
£350,000
Price per sq ft
£407.93
  • LOCATION The property is located on the east side of Nithsdale Road, close to its junctions with Kenmure Street and Glencairn Drive, on the boundary between the Strathbungo and Pollokshields areas of the south side of Glasgow, approximately two miles south of the city centre.
  • Surrounding properties are predominately tenemental with commercial uses on the ground floors and residential above.
  • Nearby traders in the licensed / restaurant trade include Moyra Janes Brasserie; Xpresso Lounge; Six by Nico Southside, and Lah-Tea-Doh (Coffee House).
  • The location is a vibrant, up-and-coming area, popular with young singles and couples, and is well served by public transport with bus routes on Nithsdale Road; and Pollokshields West and East railway stations are located nearby.
  • DESCRIPTION The premises comprise part of the ground floor of a traditional three storey and attic blonde sandstone fronted tenement with residential flats above.
  • Externally the property has a painted timber double shop front with pop-out doors to the street surmounted by a painted timber fascia board.
  • Two roller awnings are fitted, as are projecting floodlights and wall mounted heaters for the external seating.
  • Internally the front of the ground floor is fitted out for customer seating and servery, in a modern bistro style, with male and female toilets to either side of the public areas.
  • The kitchens are situated to the rear, above the cellar storage, and with additional mezzanine offices and stores.
  • ACCOMMODATION We understand that the dimensions and accommodation are as follows:.
  • Ground - 1,082 sq.
  • ft.
  • (100.52 m2) (GIA) Cellar - 330 sq.
  • ft.
  • (30.67 m2) (GIA) Mezzanine - 250 sq.
  • ft.
  • (23.23 m2) (GIA) RATEABLE VALUE The property is currently assessed at a Net Annual Value of £15,000.
  • EPC An EPC has been ordered and can be made available on request.
  • LEASE TERMS The property is currently leased to Lease 122 Limited, for a term now recently extended to expire on 31st August 2039 on full repairing and insuring terms at a current rent of £20,800 per annum subject to an outstanding review as at August 2019..
  • There are no tenant break options, and further reviews at five yearly intervals throughout the extended term.
  • PRICE.
  • Offers in excess of £350,000 exclusive are invited for our clients heritable interest.
  • ENTRY - By arrangement.
Sale type Investment
Tenure Freehold
Building subtype
Restaurant
Number of storeys
3
Total building area
975 sq ft
Rentable building area
858 sq ft
Construction material
Masonry
Year built
1897

Map & nearby

122 Nithsdale Rd, Glasgow

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Meet the team

Colin Ely & Co

  • Colin Ely
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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Colin Ely & Co. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Colin Ely & Co for full details and further information. 10898400