Address: 276 St Vincent Street
Size: 6,256 ft² (581.19 m²)
Price: £85,000 per annum exclusive

Well located office building close to Glasgow City Centre

Location

The property occupies a prominent position on the north side of St Vincent Street between the junctions of Douglas Street and Pitt Street within the heart of Glasgow’s central business district.  The property is well placed to offer easy access to the M8 motorway network and nearby public transport links.

Areas & Dimensions

The property comprises a traditional mid terraced townhouse with a smaller mews style building which is interconnected at the rear.

Townhouse

Basement:              1,169 ft²      (108.6 m²)
Ground Floor:       1,188 ft²       (110.36 m²)
First Floor:              1,070 ft²       (99.4 m²)
Second Floor:          952 ft²        (88.44 m²)
Extension:                 734 ft²        (68.19 m²)

Mews Style Building

First Floor:                765 ft²       (71.07 m²)
Second Floor:          378 ft²       (35.11 m²)

Total:                    6,256 ft²       (581.19 m²)

In addition, the property benefits from 4 dedicated car parking spaces accessed off West George Lane.

Lease Terms

The property is offered to the market on the basis of a new full repairing and insuring lease for a period to be agreed incorporating regular upward only rent reviews. 

Our client’s preference is to let the property in its entirety however consideration may be given to leasing the townhouse and mews separately.  Rental offers in excess of £85,000 per annum exclusive are sought. 

Rates

The property is entered in the Valuation Roll as follows:-

Description:                            Offices
Rateable Value (‘20/’21):    £72,500

Energy Performance Certificate

A copy of the Certificate can be provided upon request.

VAT

All terms are quoted net of VAT where applicable.

Legal Costs

Each party to be responsible for their own legal costs.  The ingoing tenant will be responsible for stamp duty and registration dues.

Date of Entry

Upon completion of legal formalities.

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.

Viewing/Further Information

Strictly by appointment through this office.