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Tenanted Commercial Investment Property
Glasgow, G40 - Get Access
Description
Rarely available 100% income-producing investment located in the East End of Glasgow. This is a prime investment opportunity with existing tenants.
Unit 167 is used as an Office / Storage and has a lease length until 13th March 2030. It is a Full Repairing & Insuring Lease (FRI) with a current annual rent of £7,200.
Unit 169 is used as a vape and convenience store and has been in occupation since 1st September 2024 until 31st August 2039. The annual rent is £7,200.
The combined annual rent is £14,400. This property is VAT FREE. Both tenants benefit from small business rates relief.
Rent reviews occur every 3 years. The estimated rental potential for the area is £18,000 - £24,000 per annum. All rent payments are up to date, and the tenants have a good track record.
The property is situated in the East End of Glasgow, an area with a strong industrial and commercial character that is undergoing regeneration. It benefits from good transport links, including easy access to the M74 motorway and nearby train stations such as Bridgeton and Dalmarnock, which provide links to the city centre.