162 Fenwick Road, Giffnock, Glasgow, G46 6XF
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TO LET ON THE INSTRUCTION OF LLOYDS BANKING GROUP GIFFNOCK - 162 Fenwick Road, Giffnock, Glasgow, G46 6XF RETAIL PREMISES Ground Floor: 168.90 sq m (1,818 sq ft) www.cbre.co.uk 162 Fenwick Road, Giffnock LOCATION The subjects are located on Fenwick Road, A77 near the junction with Orchard drive in the affluent Glasgow suburb of Giffnock. Giffnock is located in East Renfewshire and is situated approximately 5 miles south of Glasgow city centre and 5 miles northwest of East Kilbride. It has a resident population of c.16,000 people and is a popular commuter suburban commuter town for Glasgow city centre. Giffnock is a highly sought after residential area and benefits from good transport links to Glasgow city centre. The A77 runs through Giffnock and connects Glasgow with Kilmarnock. The town is served by a train station with a half hourly service to Glasgow Central and a journey time of 16 minutes. The station is located 0.1 miles from the subject property. The surrounding area is a mix of residential and commercial uses. Commercial occupiers in the vicinity are an established mix of independent boutique traders and national multiples. Nearby occupiers include a Dominos Pizza, an independent hairdressers, a William King Bookmakers and a Chest, heart and Stroke Charity shop. DESCRIPTION The subjects occupy a prominent end of terrace position and are arranged over ground floor only. The building is of brick construction and has an attractive feature frontage with glazing and a recessed double door entrance. To the front there is an open plan customer area with counter. To the rear of the property there is are meeting rooms, storage and staff welfare facilities. www.cbre.co.uk 162 Fenwick Road, Giffnock ACCOMMODATION TENURE The subjects have been measured on a net internal area basis in Leasehold interest. accordance with RICS Code of Measuring Practice (6th Edition), and extend to the following approximate floor area: LEASE The subjects are held on a lease expiring 31/08/2024. There is a tenant only break option on 31/08/2019. Floor sq m sq ft Ground floor 168.90 1,818 Rent The current passing rent is £49,800 per annum. LEGAL COSTS Each party will be responsible for their own legal costs incurred in PLANNING documenting the transaction. The subjects benefit from Class 2 (Financial, professional and other services) consent. Under the Use Classes Scotland Order 1997, there is permitted change to Class 1 (Retail). Parties interested in alternative uses are advised to speak direct to the local planning authority. CONTACT US RATES CBRE Ltd Rachael Doherty Eilidh Grant 149 St Vincent Street £36,000 Rateable Value / Rates Payable £17,280 per Glasgow 0141 204 7666 0131 243 4184 annum. G2 5NW [email protected] [email protected] © 2016 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. May 2018. www.cbre.co.uk.