This property is no longer on the market
Property
Property description & features
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 08 February 2024
Lower Deposit: 5% of Sale Price.
Reduced Buyers Fee: 1% of Sale Price (Min £2500 +vat)
The property is let to Sovereign Grooming Glasgow Ltd on a Full Repairing and Insuring lease (subject to a Schedule of Condition) for a period of 10 years from 9th August 2021 until 8th August 2031. The tenant has a break option on 8th May 2026, on serving a 6 months prior written notice. The rent is stepped for the first 5 years as undernoted: Year 1 - £27,000 PA Year 2 - £29,000 PA Year 3 - £31,000 PA Year 4 - £33,000 PA Year 5 - £35,000 PA There is a fixed uplift to £37,000 pa at the end of the 5th year. The subjects comprise a double windowed unit arranged over the ground, first and basement floors with a separate means of escape to the rear. Internally the property has been fitted-out to a high standard with a variety of floorcoverings, painted walls and modern lighting throughout. There is a reception area with a raised salon area beyond, a fitted training salon area in the basement and staff area, with WCs on the first floor.
Auction Details
08 February 2024, 10am-3pm
Timed Online Auction
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Energy Performance data and Internal floor area
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