Prominent City Centre Retail Unit
Glasgow is Scotland’s largest city with a population in excess of 660,000 persons. The property is situated on the west side of Stockwell Street between the junction of Trongate and Osborne Street. Nearby retailers are primarily all of a multiple nature to include Sainsbury’s, Argos, Specsavers, Shelter and a number of independent traders.
The property is arranged over the ground and first floors and extends to the following areas and dimensions:
Gross Frontage: 29’ 0” (8.84 m)
Net Frontage: 21’ 0” (6.41 m)
Ground Floor: 950 ft² (88.25 m²)
First Floor: 1,266 ft² (117.61 m²)
The property is offered to the market on the basis of a new full repairing and insuring lease for a period to be agreed. Rental offers in excess of £35,000 per annum are sought.
All terms are quoted net of VAT where applicable.
We understand the property is entered in the Valuation Roll as follows:
Description: Shop
Rateable Value (‘23/’24): £28,250
The property has Class 1 planning consent, but in our opinion would be suitable for alternative uses subject to planning. Interested parties should make their own enquiries.
Available upon request.
Each party to be responsible for their own costs. The ingoing tenant is to be responsible for Land & Buildings Transaction Tax, registration dues and any VAT payable thereon.
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.
For appointments to view and further information please contact this office.