35-37A Bath St 4,452 SF 87% Leased Retail Building Glasgow G2 1HW £660,000 (£148.25/SF) 9.48% Net Initial Yield
EXECUTIVE SUMMARY
• Attractive yield of over 9%
Brochure Available on Request From Phil Reid Associates- Fully let to five tenants
• Total rent £62,561 per annum
• Total net area 4,452 sq ft (413.56 sq m)
• Rental Growth Potential
• Low capital value of £148 per square foot
• Price: Offers over £660,000 excluding VAT
Brochure Available on Request From Phil Reid Associates- Fully let to five tenants
• Total rent £62,561 per annum
• Total net area 4,452 sq ft (413.56 sq m)
• Rental Growth Potential
• Low capital value of £148 per square foot
• Price: Offers over £660,000 excluding VAT
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
4,452 SF
Building Class
B
Year Built
1900
Price
£660,000
Price Per SF
£148.25
Net Initial Yield
9.48%
NOI
£62,561
Percent Leased
87%
Tenancy
Multiple
Number of Floors
3
Building FAR
2.55
Lot Size
0.04 AC
Frontage
49 ft on Bath St
AMENITIES
- Bus Route
- Raised Floor
- Security System
- Accent Lighting
- Roller Shutters
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Riddle Rooms
- Arts, Entertainment, and Recreation
- -
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Riddle Rooms | Arts, Entertainment, and Recreation | - | - | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
The premises are arranged as a salon with a smaller private room and an allocated toilet. The premises benefit from modern finishes including a tile style laminate floor, plaster walls and ceilings and modern LED lighting.
| Space | Size | Space Use | Position | Available |
| 37 | 610 SF | Retail | In-Line | Now |
37
| Size |
| 610 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
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NEARBY MAJOR RETAILERS
