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Dumbarton Rd 3,637 SF Retail Building Duntocher G81 6DS $1,177,486 CAD ($323.75 CAD/SF)
Investment Highlights
- Highly prominent site
- Income of £47,000 pax
- Already leased for a period of 15 years
Executive Summary
Highly prominent site at the junction of Dumbarton Road and Great Western Road (A82) in the Clydebank area of Greater Glasgow. Proposed Full Repairing and Insuring lease, subject to a Schedule of Condition, to The Independent Family Funeral Directors Ltd trading as Fosters Family Funeral Directors.
The lease will be for a period of 15 years, subject to a tenant's only break option at the end of year 10. Rent going up to £47,000 pax in 2026 with the benefits of 5 yearly uplifts linked to CPI, capped and collared between 3% and 1% per annum, compounded annually.
The lease will be for a period of 15 years, subject to a tenant's only break option at the end of year 10. Rent going up to £47,000 pax in 2026 with the benefits of 5 yearly uplifts linked to CPI, capped and collared between 3% and 1% per annum, compounded annually.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Funeral Home
Building Size
3,637 SF
Building Class
C
Year Built
1992
Price
$1,177,486 CAD
Price Per SF
$323.75 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.48 AC
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Nearby Major Retailers
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Dumbarton Rd
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