Britton Property.
Investment For Sale
6 Glasgow Road, Paisley PA1 3QA
Attractive takeaway investment
Let on FRI lease to Glenshire Brands (1) t/a Pizza Hut
Rent: £25,000pa
Expiry: February 2041 Price: O/O £235,000
Viewing strictly by appointment with BRITTON PROPERTY
Andrew Britton
T. 07990 505 421
E. andrew@brittonproperty.co.uk
Paisley is the largest town in Renfrewshire, located 8 miles west of Glasgow city centre The town is in close proximity to Junctions 28 and 29 of the M8 Motorway.
Paisley Canal Rail Station is 0.8 miles south from the property, providing services to Glasgow Central. The property is situated on the south side of Glasgow Road, close to its junction with Mill Street. Occupiers close by include residential and a variety of local businesses.
The property comprises a ground floor commercial unit set within a larger mixed-use development. The property benefits from a prominent frontage with single entrance door leading to an open plan customer ordering/waiting area with kitchen area and to the rear forms store areas, office, tea prep and w.c facilities.
The premises extend to the following approximate areas:
Ground Floor: 1,033 sq ft / 96.00 sqm
The premises are let to Glenshire Brands (1) Ltd until February 2041 on a FRI lease with SOC at a passing rent of £25.000pa. There is a tenant only break option in February 2036. There are 5 yearly OMV rent reviews with capped 10% uplift.
Offers over £235,000
On application.
Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Britton Property is a niche, independent retail and leisure consultancy, providing professional and bespoke advice to clients.