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High-Profile Class 1 Retail Property in Glasgow, Ideal for Bakery or Pizzeria, for Sale

City of Glasgow, Glasgow
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A prominent class 3 Sui Generis property in a high-profile trading location. (ref 1595) Photo 1
A prominent class 3 Sui Generis property in a high-profile trading location. (ref 1595) Photo 2
A prominent class 3 Sui Generis property in a high-profile trading location. (ref 1595) Photo 3
A prominent class 3 Sui Generis property in a high-profile trading location. (ref 1595) Photo 4
A prominent class 3 Sui Generis property in a high-profile trading location. (ref 1595) Photo 5
A prominent class 3 Sui Generis property in a high-profile trading location. (ref 1595) Photo 6
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A prominent class 3 Sui Generis property in a high-profile trading location. (ref 1595)A prominent class 3 Sui Generis property in a high-profile trading location. (ref 1595)A prominent class 3 Sui Generis property in a high-profile trading location. (ref 1595)A prominent class 3 Sui Generis property in a high-profile trading location. (ref 1595)A prominent class 3 Sui Generis property in a high-profile trading location. (ref 1595)A prominent class 3 Sui Generis property in a high-profile trading location. (ref 1595)
  • Status

    FOR SALE

  • Date Submitted:

    13/09/23

  • Advert ID

    599355

  • Reference

    1595 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: Offers Invited
  • Rent: £15,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Currently Closed

Business Details

A prominent class 3 Sui Generis property in a high profile trading location. (ref 1595)

Highly visible shop premises. Located across from Wellpark Brewery on Duke Street. Very busy trading location, close to Merchant city, Universities and Cathedral. Immediate surrounding area has undergone substantial residential and commercial development. Class 3 Sui Generis Unit. GIA 83.16 sq. m. RV - £10,400. Rates exempt. New FRI lease. Rent £17,000 pa. 6 month rent deposit required. An excellent opportunity.

LEASEHOLD Rental £17,000 per annum.

The subjects occupy a very prominent and high-profile trading location on Duke Street. Duke Street is a prominent arterial route leading from Glasgow city centre to the east of the city. The location boasts a high daily footfall. The immediate area around the subjects has undergone significant redevelopment over the last 5 years. There is a substantial mix of new residential, student residential as well as commercial development all around the property.

The subjects are also equidistant between the Merchant City to the west and bustling commercial centre of Duke Street to the east. The subjects are also close to two main campuses of Strathclyde University and Glasgow Caledonian university as well as Glasgow Cathedral.

This is an excellent opportunity to acquire the lease of a well-positioned shop premises located in a very busy trading location just to the east of Glasgow city centre/Merchant city. We are advised that the site benefits from Class 3 Sui Generis. The premises previously traded as a pizzeria and a roll shop.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'A prominent class 3 Sui Generis property in a high profile trading location. (ref 1595) - 1595 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.