Investment property let to Rettie Estate Agency

Prime let investment sold with existing tenants in situ. The subjects are let to Rettie Estate Agency on a Full Repairing and Insuring (FRI) lease at £13,000 per annum until May 2032, having been in occupation since May 2017 with a lease extension agreed in 2022. The total internal floor size is approximately 434 sq ft. The tenant may benefit from small business rates relief due to a low rateable value of £7,451, with a rent review scheduled for 2027 (estimated market rent £17,000 to £19,000 pa). Situated within the recognised shopping and leisure heart of Shawlands, the property occupies a prominent site just off the main Kilmarnock Road, benefiting from high levels of vehicular and pedestrian traffic, excellent visibility, convenient parking, and public transport facilities. The location offers close proximity to several national retailers including Domino's, Tesco, Sainsbury's, Clyde Property, Slater Hogg & Howison, Royal Bank of Scotland, Santander, and Nationwide, as well as Shawlands, Pollokshaws East, and Crossmyloof railway stations.