53 - 59 Bath Street Glasgow Lanarkshire G2 2DH

  • 53 - 59 Bath Street<br>Glasgow<br>Lanarkshire<br>G2 2DH

53 - 59 Bath Street
Glasgow
Lanarkshire
G2 2DH

Heritable Restaurant Investment

  • 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
    41
  • Auction
    16th February 2017
  • Rent
    £105,000 per Annum Exclusive
  • Status
    Sold Post
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Heritable Restaurant Investment

  • 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 41
  • Auction 16th February 2017
  • Rent £105,000 per Annum Exclusive
  • Status Sold Post
  • Price  
  • Sector
    Restaurant
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    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 floor 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 floor 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
381.78 sq m
214.07 sq m
(4,109 sq ft)
(2,304 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  
595.83 sq m
(6,413 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 13/01/2017)

Contacts

Acuitus
Mhairi ArchibaldMhairi Archibald +44 (0)7718 899 341 Mhairi.archibald@acuitus.co.uk
Seller's Solicitors
DWF LLP 110 Queen Street
Glasgow
G1 3HD
Sharon Stoddard 0333 320 2220 Sharon.Stoddard@dwf.law

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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