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100 Auchinairn Road, Bishopbriggs, EDU

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DetailMap
100 Auchinairn Road

Bishopbriggs, G64 1NQ


Property type:Retail Sub type:Storefront Status:Existing Year built:2017
Building size:3,832 sq ft
For sale price:£1,030,000 Price:£268.79 sq ft
Yield:7.77 %


The property will comprise a retail terrace of steel framed construction, arranged over the ground floor.

The property will be located upon the north side of Auchinairn Road (B812) a main arterial route linking Bishopbriggs with the prosperous town of Lenzie. The site is bound to the rear and side by Littlehill Golf Club.

Bishopbriggs is a popular commuter town with a population of approximately 24,000, situated within East Dunbartonshire approximately 5 miles to the North of Glasgow City Centre.

Sale Notes:
FULLY LET FREEHOLD COMMERCIAL DEVELOPMENT** 4 READY LET RETAIL/LEISURE UNITS producing an annual rental income of £80,000 located in an extremely prominent location within the affluent Glasgow suburb of Bishopbriggs. Subjects comprise 4 READY LET retail/commercial units and car park with 13 spaces. Current tenants are Papa Johns Pizza Ltd (the third largest pizza delivery company in the world), Warrior Fitness and established national hot food retailers Sunlight and Fish Hub. Unit 4- Papa John's -lease expires December 2032. Annual rent of £18,000 Unit 3- Warrior Welless- lease expires December 2038. Annual rent of £16,000 Unit 2-McArthur Leisure Ltd- expires July 2028- Annual rent of £22,000 Unit 1- held in personal name- expires 2033. Annual rent of £24,000 All properties leased on FRI leases with upward only rent reviews. ALL PAYMENTS UP TO DATE with excellent payment histories. Considerable money has been spent by the tenants fitting out the units to an extremely high specification. PERFECT INVESTMENT OPPORTUNITY WITH IMMEDIATE RENTAL RETURN. Existing surrounding retailers include Ladbrokes, Scotmid, William Hill, MD Green Pharmacy as well as number of well-established local retailers.

Future Property Auctions
Jeremy Griffith
0141 632 6599




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