Prominent Retail Premises To Let
Glasgow is Scotland’s largest city with a resident population exceeding 600,000 and significantly broader catchment.
The subjects form part of a substantial sandstone building which also houses the Centre for Contemporary Arts. This part of Sauchiehall Street provides an eclectic mix of bars, restaurants and more traditional retail uses. The Glasgow School of Art is also situated within the immediate vicinity.
The subjects comprise a double fronted retail unit on ground floor with a small rear mezzanine area extending to the following areas and dimensions:
Gross Frontage: 25’ 7” (7.8m)
Net Frontage: 24’ 5” (7.4m)
Internal Width: 25’ 0” (7.6m)
Built Depth: 41’ 5” (12.62m)
Ground Floor: 923 ft² (85.75 m²)
Mezz Floor: 304 ft² (28.24 m²)
Total: 1,227 ft² (113.99m²)
The premises are offered to the market on the basis of a new FRI lease for a term of 10 or more years with provision for a 5 yearly rent review.
Offers in the region of £32,500 per annum exclusive are invited.
Immediate entry is available upon satisfactory conclusion of all legal formalities
We understand that the subjects have been assessed for rating purposes as follows:
Rateable Value (25/26): £28,000
Rates Payable (25/26): £13,944
All terms are quoted net of VAT where applicable.
EPC Band – G. A copy of the Certificate can be provided on request.
Each party is required to bear their own legal costs.
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.