327-329 Byres Rd - Storefront Retail/Residential FOR SALE


Glasgow, GLG G12 8UQ
$1,000,000 USD
141-465-5205
327-329 Byres Rd, Glasgow, GLG for Sale
$1,000,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | 6.63% Cap Rate

327-329 Byres Rd
Glasgow, GLG G12 8UQ


HIGHLIGHTS

  • Prominent location
  • In excess of 9 years unexpired term
  • Rental income of £70,000 per annum
  • Seeking offers in excess of £1,000,000 (NIY of 6.63%)

OVERVIEW

The subjects comprise a retail unit with Class 1A consent fitted for the sale of clothing and accessories. The property is arranged over ground floor only with a sales area to the front with staff, WC and storage to the rear. The property is let on Full Repairing and Insuring terms to The British Red Cross Society (Registered Charity No. SC037738) expiring 23rd November October 2034. The passing rental is £70,000 per annum and is subject to an upward only rent review to open market value on 24th November 2029.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$801 USD /SF

CAP RATE

6.63%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1896

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,500 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John ConroyRydenMore Info
141-465-5205

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John ConroyRydenMore Info
141-465-5205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.