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444-446 Dumbarton Rd 2,500 SF 100% Leased Retail Building Glasgow G11 6SE $472,503 CAD ($189.00 CAD/SF)
Investment Highlights
- Popular residential location
- Prominent frontage
- Passing rent of £18,500 pa
- Well-presented ground floor commercial space
- Tenanted until July 2032
Executive Summary
The property comprises a very well presented ground floor commercial space within a larger 4 storey sandstone tenement. The property benefits from a prominent frontage with dual display windows either side of the single recessed entrance door. Internally, the property is well-presented with open plan retailing space, partitioned stores, tea prep, and wc facilities.
The subjects are held on a full repairing and insuring head lease to Salvation Army Trading Co until 23rd July 2032 (extended in 2022) at a passing rent of £18,500 pa with a review and tenants option to determine in July 2027.
The subjects are held on a full repairing and insuring head lease to Salvation Army Trading Co until 23rd July 2032 (extended in 2022) at a passing rent of £18,500 pa with a review and tenants option to determine in July 2027.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,500 SF
Building Class
B
Year Built
1981
Price
$472,503 CAD
Price Per SF
$189.00 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.38
Lot Size
0.15 AC
Amenities
- Automatic Blinds
- Storage Space
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Nearby Major Retailers
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444-446 Dumbarton Rd
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