Let to China Buffet (Scotland) Ltd Tenant in occupation for 11 years
City Centre Location close to Buchanan Quarter Shopping Centre
Nearby occupiers include KFC, Leeds Building Society, Cash Converters and William Hill
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 106
Auction 13th October 2016
Rent £105,000 per Annum Exclusive
Status Sold Post
Price
Sector Restaurant
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
Property Information
Location
Miles
47 miles west of Edinburgh
Roads
M8
Rail
Glasgow Queens Street Station, Glasgow Central Station
Air
Glasgow Airport (8 miles)
Situation
Glasgow is the largest city in Scotland with a population of 1.2 million people. The property is situated on Bath Street which runs parallel to the pedestrianised Sauchiehall Street. The Buchanan Quarter Shopping Centre is a short distance from the property which houses occupiers including Office, Forever 21 and Paperchase. Other nearby occupiers include KFC, Leeds Building Society, Cash Converters and William Hill.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Location
Miles
47 miles west of Edinburgh
Roads
M8
Rail
Glasgow Queens Street Station, Glasgow Central Station
Air
Glasgow Airport (8 miles)
Situation
Glasgow is the largest city in Scotland with a population of 1.2 million people. The property is situated on Bath Street which runs parallel to the pedestrianised Sauchiehall Street. The Buchanan Quarter Shopping Centre is a short distance from the property which houses occupiers including Office, Forever 21 and Paperchase. Other nearby occupiers include KFC, Leeds Building Society, Cash Converters and William Hill.
Tenure
Heritable. (Scottish Equivalent of English Freehold).
Description
The property comprises a ground and basement restaurant, forming
part of a larger building.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground and basement restaurant, forming
part of a larger building.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground Basement
Restaurant Restaurant/Ancillary
243.77 sq m 243.86 sq m
(2,624 sq ft) (2,625 sq ft)
CHINA BUFFET (SCOTLAND) LIMITED t/a China Buffet King (1)
15 year lease from 05/09/2005
£105,000
04/09/2020
Total
487.63 sq m
(5,249 sq ft)
£105,000
(1) China Buffet King first opened in Glasgow on Sauchiehall Street over 2 decades ago and offers quality food, great service, a friendly atmosphere and affordable prices (Source: www.chinabuffetking.org.uk 07/09/2016)
