Tenanted Commercial
44 Kilmarnock Road, Madina Store, Shawlands, Glasgow G41 3NH
No guide
10 July 2025
GUIDE PRICE
AUCTION DATE
Commercial premises over ground & first (5,943 sq ft) Let to Madina Store on a FRI lease producing £32,500pa with 8 years remaining. Tenant: Madina Edibles Ltd t/a Madina Store Expiry: 24/08/2033 Rent review: 25/08/2028 Passing Rent: £32,500p.a.x. Service Charge cap of £4,156 which increases by 3% per annum Arranged over ground and first floor area, the property is accessed via street level, with a single frontage, and has been fitted out and decorated internally to meet the tenant’s standard. PRIME TOWN CENTRE LOCATION Neighbouring retailers include Greggs, Virgin Money, Co-op, B&M, Boots, Sainsbury’s Local, Iceland, Oro Italian Restaurant, and independent bar and restaurant operators. Shawlands is a highly sought after and densely populated affluent residential suburb, approximately 3 miles south of Glasgow City Centre. Kilmarnock Road forms part of Shawlands Cross, the vibrant centre of Shawlands—known for its independent cafés, bars, restaurants, and period sandstone tenements nearby. Shawlands is a highly sought after and densely populated affluent residential suburb, approximately 3 miles south of Glasgow City Centre. Shawlands Arcade regeneration: A £68?million redevelopment aims to add ~300 residential units, retail, cafés, and public plaza to refresh the area Glasgow is the largest city in Scotland, with a population of over 635,000. The city has an extensive catchment, with the Greater Glasgow conurbation extending to approximately 2.3 million people within a one-hour drive time, accounting for more than 40% of Scotland’s population. Glasgow is the largest and most significant retail market in the UK outside of London’s West End. The city is consistently ranked second in the CACI retail rankings and provides over 5.3 million sq ft of retail space. The subject property is located on the northern aspect of Kilmarnock Road, in close proximity to Shawlands Arcade. Nearby occupiers include Gre Full Address: 44 Kilmarnock Road, Madina Store, Shawlands, Glasgow, G41 3NH
44 Kilmarnock Rd, Shawlands, G41 3NH
Guide Price
No guide
Auction Date
10 Jul 2025
Time
10:00
Lot
15
Venue
Online
Auctioneer
Future Property Auctions
Future Property Auctions
241 Kilmarnock Road, Glasgow
0345-646-1117
About Future Property Auctions
Future Auctions LTD are the UK & Ireland's premier dedicated land & property auction house. They offer flats, houses, land, residential, commercial property at large scale event and online auctions.