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471-483 Victoria Rd 796 SF Retail Condo Unit Offered at $187,011 in Glasgow G42 8RL
Investment Highlights
- Bordering Govanhill & Queens Park
- Passing £10,000p.a
- Ground & Bsm Floor Licensed unit
Executive Summary
The property comprises a mid-terraced, B-listed tenement building of blonde sandstone construction, under a pitched and slated roof. The building is arranged over five floors, providing retail space on the ground floor and basement, with residential accommodation above.
Property Facts
| Total Building Size | 3,313 SF | Floors | 5 |
| Property Type | Retail (Condo) | Typical Floor Size | 1,786 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1880 |
| Building Class | B |
| Total Building Size | 3,313 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 1,786 SF |
| Year Built | 1880 |
Amenities
- Security System
- Air Conditioning
1 Unit Available
Unit 471
| Unit Size | 796 SF | Sale Type | Investment |
| Price | $187,011 | Tenure | Freehold |
| Price Per SF | $234.94 | Cap Rate | 7.14% |
| Condo Use | Retail | NOI | $13,357.91 |
| Unit Size | 796 SF |
| Price | $187,011 |
| Price Per SF | $234.94 |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Cap Rate | 7.14% |
| NOI | $13,357.91 |
Description
The property comprises a ground & basement floor retail unit set within a larger mixed use tenemental development surmounted by a pitched roof.
The property offers a single frontage with the interior presented in an open plan layout with partitioned w.c, tea prep and store room situated in the basement
Sale Notes
The property is let on a personal name t/a Southside Drinks Company off licence, expiring 2035. The current passing rent is £10,000per annum
Nearby Major Retailers
Presented by
471-483 Victoria Rd
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