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Investment property in prime West End location

Glasgow, G11 - Get Access

Description

Situated in the heart of Glasgow’s highly regarded West End, on one of the area’s principal commercial thoroughfares, this prime investment property occupies a prominent ground-floor position within a well-established retail parade on Byres Road. Byres Road is a vibrant and bustling destination, offering an attractive mix of independent retailers, cafés, restaurants, takeaways, bars, supermarkets, health and beauty businesses, professional services, and other commercial occupiers. The surrounding area has a strong and cosmopolitan character, supported by the nearby University of Glasgow, a substantial student and professional population, and a well-established residential community. The adjoining lanes, including Ashton Lane and Ruthven Lane, add further restaurants, bars, independent shops, and leisure attractions, contributing to strong pedestrian footfall and an active day-and-evening economy. The property comprises a mid-terrace ground-floor retail unit that has been extensively renovated by the tenant. It is held on a full repairing and insuring head lease to Level11 Ltd expiring 31st July 2038, currently producing £15,000 per annum, with a tenant option to determine on 1st August 2028 and rent reviews scheduled for 2028 and 2033. The estimated rental value demonstrates strong future potential of £22,000 to £24,000 per annum. The location is exceptionally well placed for a wide range of local amenities, the University of Glasgow campus, Glasgow Botanic Gardens, Kelvingrove Park, Kelvingrove Museum, and the Hunterian Museum, alongside excellent transport links including nearby Subway stations, rail services, bus routes, and major road links.
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