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5 Glenburn Rd
Paisley PA2 8TA
Property For Lease

HIGHLIGHTS

  • Detached building with parking
  • Potential for rates exemption
  • Prominent situation
  • Class 3 hot food consent
  • No VAT payable on the rent

PROPERTY FACTS

Property Type Retail
Property Subtype Fast Food
Gross Leasable Area 1,344 SF
Year Built 1960
Parking Ratio 2.23/1,000 SF

ABOUT THE PROPERTY

LOCATION Glasgow is Scotland’s largest city and is situated in the central belt and on the west coast. There are four main motorways which run through the city putting it at the hub of Scotland’s road network. The city sits approximately 50 miles west of Edinburgh and connects the central belt via the M8 motorway network. The subjects are located within Paisley which is situated approximately seven miles to the east of Glasgow, close to the Gleniffer Braes. The property commands a prominent position on Glenburn Road, close to its junction with Caplethill Road (B774) which is the main arterial route linking Paisley to Barrhead. Good public transport links are available nearby and the area is predominantly residential in nature. DESCRIPTION The property comprises a detached, single storey building of masonry construction under a flat roof. The subjects provide accommodation for hot food (Class 3) retail use. Internally, the property has an open plan sales area with kitchen, WC’s and ancillary space to the rear. The walls are generally finished in plaster/paint and the ceilings are suspended tile incorporating Category 2 box artificial lighting. The floor is of terrazzo tile. Space heating is provided by means of a gas fired heating system which also provides hot water. ACCOMMODATION The subjects provide the following approximate floor area; Net Internal Area; 124.82 sq m (1,344 sq ft) The above areas have been calculated on a Net Internal Area basis in compliance with the RICS Code of Measuring Practice (6th edition). LEASE TERMS The subjects are available to lease on an internal repairing and insuring basis, for a term to be agreed, at a rent of £19,500 per annum. Full quoting terms are available upon request. RATEABLE VALUE According to the Scottish Assessors Association, the subjects have a Rateable Value of £13,100. As the Rateable Value falls below £15,000, the owner/occupier may be eligible for 100% rates relief, subject to status. ENERGY PERFORMANCE A copy of the Energy Performance Certificate (EPC) is available upon request. VAT The subjects are not elected for VAT, therefore, no VAT is payable on the rent. LEGAL COSTS Each party will be responsible for their own legal costs. ENTRY Entry will be available on completion of legal formalities.

  • 24 Hour Access
  • Metro/Subway
  • Storage Space
  • Listing ID: 23966211

  • Date on Market: 8/24/2021

  • Last Updated:

  • Address: 5 Glenburn Rd, Paisley PA2 8TA

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