Main Street, Torrance, Glasgow

OVERVIEW

This former beautician and barber shop is available to buy or let following the retiral of the long-term leaseholder in the beautiful and affluent town of Torrance in East Dunbartonshire. 

Previously separated into multiple rooms, the subjects have been cleared to provide new occupants with a range of opportunities.

To the rear of the property are welfare facilities with the rest a large open-plan space.

This is a superb opportunity for a business to position itself with high visibility and easy access.

VIEWING

Viewings can be arranged by appointment with Bowman Rebecchi.

SAT NAV DIRECTIONS

The postcode for the property is G64 4EX.

INVESTMENT

The demand to own property in Torrance is strong, with this property likely to command approximately £8-9k per annum from a new tenancy, making this an attractive investment opportunity providing a 9.5% yield.

Demand is high for commercial units in this area and it is rare for a property like this to come to market.

A THRIVING TOWN

The property enjoys an appealing position at the heart of Torrance, a popular East Dunbartonshire village located to the east of Bearsden and Milngavie, west of Kirkintilloch, and just to the north of Bishopbriggs.

It provides a great commuting base to Glasgow City Centre, with an easy connection to the M80 motorway network and, thereafter, the M8 or via Bishopbriggs and the A803 or via the A879 (Balmore Road), which, off-peak, can take you to Glasgow in only twenty to twenty-five minutes.

The village has a well-stocked general store and a couple of village pubs – major amenities can be found in the nearby towns of Kirkintilloch, Bishopbriggs, and Bearsden/Milngavie.

CLASS USE

Class Use 1 (Retail).

MEASUREMENTS 

The on-site measurements, measured in accordance with the RICS Code of Measuring Practice (6th Edition), calculate the subjects extend as follows: 

Total - 101 sq m / 1,087 sq ft

TERMS

Rates - From the Assessor’s website, the property had a Rateable Value of £6,200. The property qualifies for 100% rates relief through the Small Business Bonus Scheme, subject to occupier status.

EPC - A copy of the Energy Performance Certificate is available upon request.

Entry - Early entry is available.  

Price - Our client is seeking offers over £75,000 exclusive of VAT for their Heritable interest, which is inclusive of all fixtures, fittings, and equipment as shown.

VAT - All prices, rents, premiums, etc. are quoted exclusive of VAT. Interested parties must satisfy themselves as to the instance of VAT in respect of any transaction.

Legal Costs - Each party is responsible for their own legal costs and the tenant shall be responsible for lease registration costs and land tax as standard.

Anti-Money Laundering - To comply with anti-money laundering legislation, the successful tenant will be required to provide certain identification documents.

For further information, please contact Bowman Rebecchi.