Prominent roundabout location at one of the main entrances to the trade park
Let to Burger King Limited
Located close to Junction 26 of the M8 Motorway
Approximately 230.21 sq m (2,478 sq ft) on substantial site
Six Week Completion
Lot 51
Auction 17th October 2013
Rent £66,000 per Annum Exclusive
Status Sold
Price £755,000
Sector Restaurant
Auction Venue The Millennium Hotel 44 Grosvenor Square Mayfair London W1K 2HP
Property Information
Location
Miles
6 miles west of Glasgow city centre, 50 miles west of Edinburgh
Roads
M8
Rail
Hillington West station (local)
Glasgow Queen Street Station (mainline)
Air
Glasgow International Airport (3.5 miles west
Situation
Hillington is a well established trade and industrial location to the west of Glasgow city centre. The property is located on the A736 Hillington Road benefiting from its proximity to both the city centre and Glasgow airport due to its links with the M8 at junction 26. Hillington Park, 1/4 mile west of the property, is Scotland’s largest industrial estate and business park and is recognised as a highly acclaimed location for manufacturing, industrial, technology and distribution based business in Scotland and the UK. Local occupiers adjacent to the subject property include Makro, Russell Self Storage, Direct Flooring and Topps Tiles. In addition there is a Shell Petrol Filling Station immediately adjacent, and a Harvester public house opposite the property.
Tenure
Heritable.
Location
Miles
6 miles west of Glasgow city centre, 50 miles west of Edinburgh
Roads
M8
Rail
Hillington West station (local)
Glasgow Queen Street Station (mainline)
Air
Glasgow International Airport (3.5 miles west
Situation
Hillington is a well established trade and industrial location to the west of Glasgow city centre. The property is located on the A736 Hillington Road benefiting from its proximity to both the city centre and Glasgow airport due to its links with the M8 at junction 26. Hillington Park, 1/4 mile west of the property, is Scotland’s largest industrial estate and business park and is recognised as a highly acclaimed location for manufacturing, industrial, technology and distribution based business in Scotland and the UK. Local occupiers adjacent to the subject property include Makro, Russell Self Storage, Direct Flooring and Topps Tiles. In addition there is a Shell Petrol Filling Station immediately adjacent, and a Harvester public house opposite the property.
Tenure
Heritable.
Description
The property is a detached, purpose built, single storey, fast food restaurant. The property benefits from a drive thru area to the side of the property and on site parking for approximately 39 cars. The site extends to some 0.287 hectares (0.74 acres).
Note
This property is being marketed for sale on behalf of CP Holder, KJ Coates and AC O’Keefe as Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
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 is a detached, purpose built, single storey, fast food restaurant. The property benefits from a drive thru area to the side of the property and on site parking for approximately 39 cars. The site extends to some 0.287 hectares (0.74 acres).
Note
This property is being marketed for sale on behalf of CP Holder, KJ Coates and AC O’Keefe as Administrators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Administrators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Administrators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.
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
Restaurant
230.21 sq m
(2,478 sq ft)
BURGER KING LIMITED (1)
25 years from 13/09/1993 on a full repairing and insuring lease
£66,000
(12/09/2018)
Totals
230.21 sq m
(2,478 sq ft)
£66,000
(1) Founded in 1954, Burger King is the second largest fast food hamburger chain in the world with 12,600 restaurants in 83 countries. (Source: www.burgerking.co.uk 17/09/2013)
Contacts
Seller's Solicitors
DLA Piper LLP 249 West George Street Glasgow Lanarkshire G2 4RB
