1-bedroom flat · G44 4TZ
To rentListed 47 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The subjects have the benefit of a double windowed display frontage with fitted steel electric roller security shutters.
Internally, the premises been recently renovated to a very high standard and are arranged to provide a main office/retails or public area to the front.
Furthermore, this unit comes with a massive basement which can be used for storage, A staff welfare area and a toilet are situated towards the rear of the unit.
The floor to the subjects appears to be of solid construction and has been generally carpeted throughout. Walls have been painted and an acoustic tile ceiling has been fitted.
Location These retail unit/s are situated within south side of Glasgow area of Mount Florida some three miles to the south of Glasgow city Centre, beside Hampden football stadium and also surrounded with a wide range of shops and other business, other business includes Tesco Express 24 Hours.
Greggs. Marini’s Fish, Chicken and Pizza Bar. Gspc Solicitors. Minuteman Press.
And number of other locals bushiness within walking distance, good transports links to other parts of the city are also within walking distance.
Cathcart Road (A730) forms a popular retail location within Mount Florida, as well as being a busy arterial route.
The surrounding area is primarily residential in nature, typified by high density tenemental dwellings – generally with retail/commercial units situated at ground floor level.
The subjects benefit from a high level of pedestrian and vehicular traffic and are situated on a number of bus routes, as well as being in close proximity to Hampden Stadium, Langside College and Mount Florida Railway Station.
Adjacent occupiers comprise primarily a mix of national multiple retailers and independent sole traders.
Accommodation From measurements taken on-site and in accordance with the RICS Code of Measuring Practice (Sixth Edition), we calculate the subjects extend as follows: Net Internal Area: 45.058 sq m (485 sq ft) Terms Rating assessment The subjects are entered in the current Valuation Roll as follows: Rateable Value: £4,800 100% rates relief may be available to qualifying occupiers under the Small Business Bonus Scheme.
Rental/lease terms We have been instructed by our client to seek rental offers in the region of £9,620 per annum for the benefit of a new lease of negotiable duration on commercial terms, incorporating regular upwards only rent reviews.
VAT Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
Legal costs We would expect the ingoing tenant to be responsible for our client’s reasonably incurred legal fees relative to the transaction.
Specification • Ground floor office/retail unit with basement: 45.058 sq m (485 sq ft plus) • Excellent commercial location • Prominent unit situated in Mount Florida on Glasgow’s South Side • Class 2 (Office/Financial Services) • Class 1 (Retail) Planning Consent • On-street car parking • May qualify for 100% rates relief • Rental offers over £9,620 per annum Factor Macfie & Co.
Factor this property. Cost for this is approximately £400 per annum.
Viewing Strictly by appointment Marketing Agents Property Zone 480 Cathcart Road Glasgow G42 7BY we give notice that (I) the particulars are set as a general outline only for the guidance of intending lessees and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) photographs are reproduced for general information and it must not be inferred that any item is included for lease; (iv) No person in the employment of Property Zone has the authority to make or give any representation or warranty in relation to the property.
Deposit: £2,500 Landlord registration: 199588/350/15081
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 19 Carmunnock Road, Glasgow, G44 4TZ, Glasgow
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