Investment property let to Cafe Alba

Tenanted commercial investment property currently let on an FRI lease until 31st March 2034 at £24,000 per annum, located within Airdrie town centre and offering immediate rental income. The ground and first-floor unit comprises a total area of approximately 150.66 square metres (1,622 square feet), split between ground floor space of 93.76 square metres (1,009 square feet) and first floor space of 56.9 square metres (612 square feet). Situated in an excellent trading location on the north side of Graham Street between its junctions with Buchanan Street and Baillies Lane on the main retailing parade, the property benefits from high volumes of passing trade and nearby national occupiers including Boots Pharmacy, Greggs, Subway, and Costa Coffee. Airdrie is a populated town within the North Lanarkshire area with a population of approximately 35,000 persons and a wider catchment of 340,000. The tenant, Cafe 21 G trading as Cafe Alba, operates three cafes across Milngavie, Cumbernauld, and Airdrie, with a rent review scheduled for 31st March 2029. Internally, the ground floor is presented in an open-plan layout featuring customer seating to the front alongside external seating, a main counter, customer W.C. to the rear, partitioned food preparation areas, and stores, with staircase access to the upper floor and a rear common yard. The first floor provides ancillary storage and sorting space together with staff tea preparation and W.C. facilities.