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3rd Floor, 118 Sauchiehall Street , Glasgow, G2 3DH

298 to 3,021 Sq Ft / Retail / Retail - High Street

Let - Last updated: 08 June 2022

The subjects available for lease comprise the 2nd, 3rd and attic levels contained within a 4-storey building of traditional construction.  Whilst currently the 1st floor also falls within our client’s ownership, it is presently occupied by James Robertson Kiltmakers and has been for several years.  Access to the building is provided from a private entrance at street level, directly off Sauchiehall Street, leading into a lift lobby and staircase affording access to the upper floor levels.

Both the 2nd and 3rd floors are of a fairly similar size and configuration, albeit, the 2nd floor is finished to a higher standard, having been upgraded/redecorated recently for use as a hair and beauty salon.

We would briefly summarise the accommodation as follows:-

2nd Floor – Main open plan salon, 3No.treatment rooms, staff room/office, kitchen and 2No.toilets.

3rd Floor – Office accommodation compartmentalised by way of demountable stud partitions, kitchen and 2No.toilets.

Attic – Open plan office with toilet.

There are two fire escape staircases to all levels and a passenger lift affording access between 1st and 3rd floor levels. 

Location

The subjects are situated on the southmost side of Sauchiehall Street, at its junction with Hope Street, in the Central Business District of Glasgow City Centre.  For many years, Sauchiehall Street at this point has been pedestrianised and closed to through traffic, forming a prime retail thoroughfare in Glasgow.

The subjects are directly adjacent the Savoy Shopping Centre and several significant national retailers are nearby, including Marks & Spencer, HMV, Boots, Waterstones and WH Smith.

To the opposite corner is the Moss Bros department store.  The surrounding area comprises a mature and established mixture of light commercial premises including office and retail property.

The subjects are conveniently located in respect of all city centre amenities, including public transport connections and leisure outlets, all of which are within easy walking distance.

Accommodation

From sizes taken at the time of our internal inspection, we calculate the net internal floor areas to extend as follows;

Second Floor - 133.26 sq m (1,434 sq ft)

Third Floor - 119.67 sq m (1,288 sq ft)

Attic - 27.69 sq m (298 sq ft)

TOTAL - 280.62 sq m (3,021 sq ft)  

Terms

RATING ASSESSMENT - From reference to the Scottish Assessor’s website (www.saa.gov.uk), we can advise that the subjects are entered in the current  Valuation Roll with the undernoted assessments:

2nd Floor - Rateable Value, £15,900

3rd Floor - Rateable Value, £14,300

Attic - Rateable Value, £2,300

It should be noted that any ingoing occupier has the automatic right of appeal against this assessment.

ENERGY PERFORMANCE CERTIFICATE - The subjects have an EPC rating of G.  Sight of the Energy Performance Certificate (EPC) for the subjects can be made available upon request.

LEASE TERMS - The subjects are available on a floor by floor or combined basis, subject to agreeing terms on the basis of new Full Repairing and Insuring leases.

RENT - The quoting rent is available on request. 

Specification

  • Former salon at 2nd floor with office space at 3rd and attic levels.
  • Salon recently refurbished - suitable for immediate occupation.
  • Well located building along pedestrianised section of Sauchiehall Street.
  • NIA of 1,434 sq.ft approx at 2nd floor & NIA of 1,586 sq.ft approx over 3rd and attic floors.
  • New FRI leases available on floor by floor or combined basis.
  • Competitive rents available 


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