Property Type | Investment |
Tenure | For Sale |
Size | 2,470 sq ft |
Price | Offers in excess of £280,000 A purchase at this level equates to a gross yield of 8.57% |
Rateable Value | £17,900 |
Energy Performance Rating | Upon enquiry |
Highly prominent triple fronted bookmaker unit which is operated from ground floor with an unused first floor, offering future development potential.
The property is fitted out to a high standard, in Ladbrokes corporate style, providing completely open-plan accommodation to the front with customer and staff WC's to the rear together with staff tea-prep facilities.
The accommodation comprises the following areas:
Name | sq ft | sq m | Availability |
---|---|---|---|
Ground | 2,470 | 229.47 | Available |
Total | 2,470 | 229.47 |
The subjects are located within the Shettleston area of Glasgow just 3 miles east of Glasgow City Centre.
More specifically the subject proeprty is situated on the north side of Shettleston Road (A89), a short distance west of its junction with Wellshot Road.
Shettleston Road is a busy main arterial route with high volumes of passing traffic connecting with the city centre travelling west together with various neighbouring areas of the east end travelling east.
Regular bus services operate on Shettleston Road whilst Carntyne Railway Station is a 5 minute walk north.
Neighbouring occupiers include The Town Tavern, The Cottage Bar, Liqour Barn and Glasgow Independant Funeral Care.
Let to Ladbrokes Betting & Gaming Limited (00775667)
5A1 D&B Rating
Tenant has been in occupation for 20 years
Recently renewed for a further 10 years from November 2025
Low passing rent of £24,000 per annum (£12.27/sq ft Zone A)
Upwards only OMR review in Nov 2030