Glasgow comprises Scotland's largest city with a resident population c. 600,000 and a shopping catchment c. 200,000.
The subjects occupy a prominent corner location under Glasgow's new Point A Hotel on the corner of Bath Street and Hope Street. With Buchanan Galleries and Sauchiehall Street close by, also Cineworld, Kings Theatre, Pavilion Theatre and Glasgow Royal Concert Hall, the premises are ideally situated to benefit from the City's retail and leisure circuits.
Formed over ground floor only, the premises are presented within an attractive modern building. Offering clear internal space to afford flexible layout, full glazed frontage is presented to both Bath Street and Hope Street.
Frontage Hope Street: 41' 0" 12.50 m
Frontage Bath Street: 67' 3" 20.50 m
Gross Internal Area: 2,755 sq ft 255.94 sq m
Offers are invited on the basis of a new institutional lease for 15 years, subject to 5 yearly upwards only rent review. Rent upon application.
The subjects currently benefit from Class 2 consent. Our clients are in the process of pursuing a change to Class 3 restaurant use.
The current RV listing is £97,500, based on the existing use as a Building Society. A new occupier will have the opportunity to appeal the assessment.
All terms are quoted net of VAT at the prevailing rate.
Early entry is available upon completion of all legal formalities.
Each party to be responsible for their own legal costs. Ingoing tenant to be responsible for any LBTT and registration dues.
Please contact this office or our joint agents.