Last Updated: 12 November 2008
Licensed Grocers and Leasehold interest.
A fixed price of £160,000 is invited for the benefit of our client's business and leasehold interest.
The subjects occupy a corner location in a terrace of neighbourhood shops in Castlemilk Road, serving the Kings Park area of Glasgow. The property is occupied as a convenience store. The shop is single-storey with attic double unit of brick construction and excellent display window to front.
The current lease runs from 16 June 1991 to 15 June 2016. The most recent rent review date was 1 August 2007, however the landlord has not implemented this review. The Rateable Value of the unit is £15,100.
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