17/21 Nithsdale Rd
Glasgow G41 2AL
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prominent retail location in Strathbungo suburb
- Connectivity into central Glasgow via A77
- Walking distance from both Queens Park and Pollokshields West train stations
EXECUTIVE SUMMARY
Well established neighbourhood bar and restaurant opportunity situated within popular and trendy south side suburb.
The business is run completely under management with a strong team of staff in place. Draft accounting information for the year ending 31st December 2023 shows a turnover of £984,291 net of vat, producing a gross profit of £712,667 and an adjusted net profit of circa £187,000.
The business is run completely under management with a strong team of staff in place. Draft accounting information for the year ending 31st December 2023 shows a turnover of £984,291 net of vat, producing a gross profit of £712,667 and an adjusted net profit of circa £187,000.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Furniture, Fixtures and Equipment Included
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
4,663 SF
Building Class
B
Year Built
1869
Price
£950,000
Price Per SF
£203.73
Net Initial Yield
19.68%
NOI
£187,000
Tenancy
Single
Number of Floors
4
Building FAR
1.33
Lot Size
0.08 AC
Parking
8 Spaces (1.72 Spaces per 1,000 SF Leased)
Frontage
64 ft on Nithsdale Road
AMENITIES
- Security System
- Signage
