Address: 175 Howard Street
Size: 2,927 ft² (271.93 m²)
Price: £25,000 per annum

ATTRACTIVE SHOP UNIT TO LET
RENT REDUCED TO £17,500 PER ANNUM

Location

Howard Street is located within the heart of the city centre with the St Enoch Centre, Argyle Street and Buchanan Street all in close proximity.  Neighbouring traders are a mix of national and local concerns, in particular the upper floors which are occupied by Slater Menswear.  Recognised by the Guinness Book of Records as the largest menswear shop  in the world, Slater Menswear is a landmark destination for shoppers.

Accommodation

The premises provide a clear sales area at ground floor with ancillary at basement level.  From our inspection we calculate the shop to provide the following areas and dimensions:-

Internal Width:                35’ 1”           (10.69 m)
Ground Floor:             1,346 ft²       (125.05 m²)
Basement:                    1,581 ft²       (146.66 m²)
Total:                               2,927 ft²       (271.93 m²)

Alternatively our clients will consider sub division to provide two units c. 650 sq ft plus ancillary.

Proposal

The subjects are available on a new FRI lease of negotiable term, subject to vacant possession.  Rental offers in the region of £17,500 per annum are invited.

Rating Assessment

The premises are currently entered into the Valuation Roll as follows:-

Rateable Value (20/21):     £24,000
Rates Payable (20/21):       £11,760

For verification please contact Glasgow Assessors Office.

VAT

All terms are quoted net of VAT, if applicable.

Legal Costs

Each party will be responsible for their own legal costs.

Money Laundering Regulations

To comply with Money Laundering Regulations we are legally required to undertake due diligence on prospective purchasers/tenants which will at a minimum include proof of identity/address and funding.  Applicable documentation will therefore be required on agreement of Heads of Terms. 

Energy Performance Certificate

The subjects hold a 'G' rating.  Copies of the Report are available upon request.

Viewing & Further Information

For further information or to arrange a viewing please contact this office.