Milngavie, G62 8PG
- Retail , Licensed/Restaurant
- Size: 794 sq ft.
- Date Available: December 2017
RARE PURCHASE / LEASE OPPORTUNITY
RESTAURANT/HOT FOOD UNIT
CLOSING DATE – 22nd NOVEMBER 2017 @ 12 NOON
- Attractive Restaurant / Hot Food Unit
- Rare opportunity to purchase / lease due to current leasing ending in December 2017
- Shop-fronted in popular pedestrianised town centre precinct with multiple traders nearby
- Net Internal Area: 73.80 sq m (794 sq ft)
- Offers to purchase in the region of £200,000
- Rental offers of £18,000 per annum for negotiable length of lease
The subjects are prominently located on the north side of Station Road in the popular pedestrianised precinct through Milngavie town centre. Adjacent occupiers include TSB Bank, Garvie & Co (Bar/Restaurant), Bank of Scotland, Tofs, Fantoosh Fish and W & J Lewis Butchers
The subjects comprise established restaurant premises contained in a single windowed shop on the ground floor of a traditional two storey sandstone tenement building.
The premises first opened as a restaurant over 20 years ago and will continue to trade as a licensed restaurant up to the lease end in December 2017 as Meitai specialising in Chinese, Thai and Japanese cuisine.
There is a rear service/delivery door from the kitchen giving access to a surfaced back court area with limited private car parking.
ACCOMMODATION & FLOOR AREA
The subjects are divided into a front restaurant area with bar servery, separate male and female toilets in the mid shop and storage and kitchen to the rear.
We calculate the total net internal floor area as defined in the RICS Code of Measuring Practice (6th Edition) to be approximately as follows:-
- 73.80 sq m (794 sq ft)
The subjects are currently shown in the Valuation Roll with a Rateable Value of £15,100.
Offers in the region of £200,000 are sought in respect of a sale of our clients’ interest. Alternatively, rental offers in excess of £18,000 per annum are sought for a new lease on negotiable terms to be agreed.
Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
Each party will be responsible for payment of their own legal costs to be incurred in any transaction.
The properties have been assessed for energy performance and currently have a G rating.
Agent(s) for this listing
Senior Property Manager
Office: 0141 375 1555
Fax: 0141 375 1666