The subjects comprise a large former banking/retail hall and form part of the ground floor of a three storey red sandstone tenement building.
Location
Situated within the recognised shopping and leisure heart of Shawlands, the subjects occupy an extremely prominent corner site at the junction of Pollokshaws Road and Skirving Street, some 2.4 miles to the south of Glasgow City Centre. The subjects are situated directly opposite ‘The Granary’ public house and the area is extremely popular with high quality coffee shops/bistros, including Beanscene, Deli 1901 and Costa Coffee. Adjacent occupiers comprise an attractive mix of national multiple operators and niche independent traders. The location benefits from an extremely high level of vehicular and pedestrian traffic and excellent public transport facilities.
Accommodation
The subjects benefit from an attractive multi-window display frontage and internally are arranged to provide primarily open retail/sales space with a number of cellular meeting rooms/offices at ground floor level. The basement comprises a number of cellular offices and toilet facilities.
From measurements taken on-site and in accordance with the RICS Code of Measuring Practice (Sixth Edition), we would calculate the subjects extend as follows:
Ground Floor: 192.38 sq m (2,070 sq ft)
Basement: 208.55 sq m (2,244 sq ft)
Total Net Internal Area: 400.93 sq m (4,314 sq ft)
The property is currently fitted out in keeping with its most recent use as a retail banking outlet. A carpet has been fitted, walls have been lined and a suspended acoustic tile ceiling, incorporating air conditioning cassettes have been fitted. We would stress that no specific tests were carried out on any of the service installations and therefore no guarantee can be given that they function satisfactorily.
Terms
RATING ASSESSMENT
The subjects are entered in the current Valuation Roll as follows:
Rateable Value: £58,000
RENTAL/LEASE TERMS
We have been instructed to place the subjects on to the market seeking offers in excess of £50,000 per annum, with the benefit of a lease on full repairing and insuring terms, for a negotiable period, incorporating regular upwards only rent reviews.
VAT
Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS
We would expect the ingoing tenant to be responsible for our client’s reasonably incurred legal fees relative to the transaction.
ENERGY PERFORMANCE CERTIFICATE (EPC)
A copy of the EPC will be provided upon request.
Specification
• Net Internal Area: Ground: 192.38 sq m (2,070 sq ft) Basement: 208.55 sq m (2,244 sq ft)
• Retail, Office & Restaurant Consents
• Massive ‘street presence’
• Superb location in the heart of Shawlands
• Rental: Offers in excess of £50,000 per annum