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1393-1397 Dumbarton Rd
757 SF Retail Unit Offered at £100,000 in Glasgow G14 9XT
Investment Highlights
- Main arterial route
- Corner property
- Busy thoroughfare
Executive Summary
The property is located in a corner position on the south side of Dumbarton Road at its junction with Methil Street within the Whiteinch area of Glasgow. The property is in close proximity to the Clyde Tunnel and Junction 24 of the M8 Motorway. The A814 and the A739 both run close by offering good links to the surrounding areas whilst rail links are good with Jordanhill Railway Station, Scotstounhill Railway Station, Partick RailwayStation and Hyndland Railway Station all situated close by. Nearby retailers include Lifestyle Express, Lotus Lebanese Restaurant and Blackhill Bakery.
Property Facts
| Price | £100,000 | Building Class | B |
| Unit Size | 757 SF | Number of Floors | 4 |
| No. Units | 1 | Typical Floor Size | 1,225 SF |
| Total Building Size | 4,900 SF | Year Built | 1899 |
| Property Type | Retail (Unit) | Tenancy | Single |
| Property Subtype | Storefront | Lot Size | 0.07 AC |
| Sale Type | Investment |
| Price | £100,000 |
| Unit Size | 757 SF |
| No. Units | 1 |
| Total Building Size | 4,900 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 4 |
| Typical Floor Size | 1,225 SF |
| Year Built | 1899 |
| Tenancy | Single |
| Lot Size | 0.07 AC |
1 Unit Available
Unit 1397
| Unit Size | 757 SF | Sale Type | Investment |
| Price | £100,000 | Tenure | Freehold |
| Price Per SF | £132.10 | Net Initial Yield | 9.00% |
| Unit Use | Retail | NOI | £9,000 |
| Unit Size | 757 SF |
| Price | £100,000 |
| Price Per SF | £132.10 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 9.00% |
| NOI | £9,000 |
Description
The subjects comprise a corner retail unit forming part of the ground floor and basement of a four storey and basement blonde sandstone tenement property under a pitched and slated roof. The upper floors appear to be residential in nature. The glazed frontage with recessed entrance door sits under an illuminated fascia board and is protected by a roller shutter. Internally, the ceilings in the main sales area are of suspended tile which incorporate square LED lighting. The walls are of wallpaper/plaster paint and the floor is covered in laminate. Access to the basement is provided via a stairwell at the back of the shop where there are 2 rooms and staff welfare facilities.
Sale Notes
Offers in excess of £100,000 are invited for the heritable interest subject to the lease agreement in place. Based on a rental income of £9,000 per annum a purchase at this level would reflect a net initial yield of 9%.
Amenities
- Security System
- Roller Shutters
Nearby Major Retailers
Presented by
1393-1397 Dumbarton Rd
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