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Tenanted Commercial Investment Property

Glasgow, G11 - Get Access

Description

West End retail investment opportunity located on a strong trading thoroughfare. This ground and basement level property is an income-producing investment with a current passing rent of £18,500 per annum, with a market rental value of £28,000 per annum. It is let to Salvation Army Trading Company Limited (SATCoL) on a lease extended to 23rd July 2032, with a tenant break option on 23rd July 2027 and a rent review due on 24th July 2027. The property comprises 1,300 sq ft of ground floor sales space and 900 sq ft of basement storage, totaling 2,200 sq ft. The location on Dumbarton Road benefits from high footfall and a mix of national and independent retailers, with nearby operators including Greggs and Boots Opticians. It is well-served by public transport, with Partick railway and subway station within walking distance. The property is offered freehold and is tenanted. This is a prime investment property, suitable as an addition to any portfolio. The tenancy is Full Repairing & Insuring (FRI) with a current rent of £18,500 per year and an approximate yield of 11%.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area: 2,200 sq ft (Listing)

The property is a commercial unit, likely a charity shop, located on a busy thoroughfare in Glasgow's West End. The valuation is based on its investment potential, considering the passing rent, market rental value, lease terms, and freehold tenure. The valuation floor area of 2,200 sq ft was used for analysis.

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