Sold Prior | Lot 31

Former Akash Indian Restaurant, 45a, Sinclair Street, Helensburgh, G84 8TG

Sold Prior

  • Commercial Property
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 27/06/2019

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Former restauarant

Fantastic opportunity to purchase this former Indian restaurant which is situated on a busy thoroughfare on Sinclair Street in the heart of Helensburgh and just a short walk from the train station. Renovation works have been started but the property will need a program of repair to bring it up to the necessary standard. The subjects are located on the first floor and comprise entrance lobby on ground floor level, stairway up to entrance into main restaurant with waiting area, bar, store, small office, large kitchen with equipment included and separate male and female toilets. The property extends to 156 metre square (1679.17 square feet) and has a rateable value of £16,900 per annum and could potentially qualify for 25% rates relief under the small business bonus scheme.

Tenure

Freehold

Convenient and rarely available town centre location

Excellent investment opportunity

Possible change of use (subject to consents)

Adjacent to train station

Recently upgraded kitchen and bathrooms

Large main restaurant area

Area

The town offers a wide range of local amenities and shops and the naval bases of Faslane and Coulport are in close proximity bringing an influx of workers. The unit is adjacent to Helensburgh central train station which is on the main Glasgow Queen street line.

Local Authority

Argyll and Bute Council

Additional Fees

Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.