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2 Glasgow Rd, Baillieston

Bank for sale in Garrowhill, Baillieston

£700,000 / 1,991 sq ft

by J & E Shepherd
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Highlights

Features

Full address
2 Glasgow Rd, Baillieston G69 6JX – Garrowhill
Asking price
£700,000
Links
Pdf #1 marketing brochure/flyer

Sale details

There is 1 space available. This measures 1,991 sq ft.

Sale unit Available

Unit
Sale unit
Size
1,991 sq ft
Price
£700,000
Price per sq ft
£351.58
  • The subjects are let to CoffeePots Limited on a full repairing and insuring lease for a term of 15 years commencing 1 st February 2018 The current passing rental is 50 000 per annum.
  • The lease is subject to 5 yearly upwards only open market rent reviews The next review on 1 st February 2023 has been pre-agreed at 50 000 per annum in return for the tenant only break option in 2028 being removed Accordingly, the lease runs until 2033. The lease also incorporates a schedule of condition.
  • Further information can be forwarded to seriously interested parties upon written request CoffeePots Limited are one of Scotland’s largest franchise operators for Costa Coffee With an annual turnover in excess of £4.8m (Y/E 2019).
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for 2 Glasgow Rd, Baillieston

The property comprises a detached retail building of brick/blockwork construction, arranged over one floor, under a flat roof.

The property is located on the north side of Glasgow Road at its junction with Main Street within the Baillieston area of Glasgow, approximately 8 miles east of the city centre. Baillieston Road forms a busy main thoroughfare with the A89 forming an arterial route leading from Glasgow city centre. Good road connections to the immediate east at the Baillieston Interchange, provide easy access onto the M73, M8 and M74 network.

Building subtype
Bank
Number of storeys
1
Parking ratio
2.32
Total building area
2,306 sq ft
Rentable building area
1,991 sq ft
Lot size
0.05 acres
Construction material
Masonry
Year built
1960
Parking
Surface: 4, Surface tandem, Covered, Covered tandem, Reserved

Major tenants

Name Description Size Move in date Locations
Airdrie Savings Bank Description - Size - Move in date - Locations 1
Coffee Pots Limited Description - Size 1,596 sq ft Move in date - Locations -

Map & nearby

2 Glasgow Rd, Baillieston

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This shop for sale is located in Garrowhill.

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Meet the team

J & E Shepherd

  • A profile photo of Steve Barnett Steve Barnett
  • A profile photo of Adam Honeyman Adam Honeyman
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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 J & E Shepherd. 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 J & E Shepherd for full details and further information. 9802697