Search Results for 

404 Hawthorn Street, Glasgow, GLG

Welcome to SHOWCASE.CO.UK, the Web's most comprehensive source of commercial property data, where you can search from over 100,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land or other commercial property types, just click the button to the right.
404 Hawthorn Street

Glasgow, G22 6RU

Property type:Retail Sub type:Bar Status:Existing Year built:1935
Building size:3,494 sq ft
For sale price:£375,000 Price:£107.33 sq ft
Yield:13.86 %
Parking:8 Surface spaces are available; Ratio of 2.28/1,000 SF

The property comprises a detached building of masonry construction, under a pitched and slated roof. The building is arranged over one floor, providing retail accommodation.

The property is located on the south side of Hawthorn Street a short distance west of Filnas Street. Hawthorn Street runs between Balmore Road to the west and Springburn Road to the east. The surrounding area is predominantly residential in nature but the property is opposite a small parade of shops serving the local community and which contains a convenience store, newsagents, hot food units and a bookmakers.

The area is well served by public transport with regular bus services on Hawthorn Street going to and from the city centre. Ashfield Station is within a 5 minute walking distance from which there are regular services to/from Glasgow Queen Street Station with a 6 minute journey time.

Sale Notes:
The available investment comprises a detached public house arranged over one floor.

The property has an entrance lobby which provides access to the 2 main areas, the public bar and also a function suite. Separate male, female and disabled toilet facilities are entered from the lobby. There is additional ancillary accommodation including a kitchen, office, cellars/stores plus there are further toilets within the function suite. There is an enclosed external area/beer garden accessed from the public bar and there is also space at the front of the property for customer car parking.

The property is let out to Ashfield Trading Company Limited on a 15 year full repairing and insuring lease from 16th December 2013 until 15th December 2028. The current rent is £52,000 per annum exclusive of VAT and there is a personal guarantee in place till December 2018. Upward only rent reviews are at 3 yearly intervals.

Offers over £375,000 are invited for the heritable interest and a purchase at this level reflects a net initial yield of 13.86% assuming purchasers costs of 3.75%.

DM Hall
Alister Gibson
0141 352 6415

Graeme Todd
0141 352 6411

Share this listing

Copy and paste this HTML into your blog or web page:
<a href="" target="_blank">404 Hawthorn Street, Glasgow - Commercial property</a>

Send Email
Add a personalized message: (Optional)
Copyright © 1997-2018 CoStar Realty Information, Inc. All rights reserved. | About SHOWCASE | Advertise | Site Map