601 & 603 Duke Street
Glasgow
G311PZ

Guide Price: £121,500 +  

• 2 x commercial units in Duke Street near Merchant City
• Long term high demand business-Opticician & Hair Salon
• FRI Leases-tenant pay factors, insurance & all outgoings
• National multiple & franchise businesses trading nearby
• ***Successful businesses been in occupation many years*

Unique commercial investments located on Duke Street in Dennistoun, reputed to be a hotspot for property, close to the trendy Merchant City whilst approx 5 minutes to Glasgow City Centre. The properties are 2 well fronted shop units number 601 – Let to Visage Scotland Limited (t/a Visage Opticians) on FRI Commercial Lease for 5 years; rental rising to £4680 p/a this year. Surveyors Market Rental Value (May 2010) is £5900 p/a. Tenant been in occupation many years and runs an extremely successful Opticians business well known locally. 603 Duke Street – Let to Tracey Quinn (t/a Hairdressers) has a surveyors market rental value of £6,100 p/a (Allied Surveyors May 10). Current rental £4000 p/a; excellent potential for rental growth. Tenant been in occupation over 5 years. Duke Street is one of the main shopping streets outside Glasgow City Centre with a host of nationals located. Advantage of established tenants who pays factors + insurance bills & rental monthly in advance by bank transfer. Quality, shop investments which offers an income producing investment with strong rental growth potential in rent. Shop sales evidence; 487 Duke Street (Shop) sold £150,000 ***Sale due to FINANCIAL re-structuring. Heavily Discounted***