The property comprises a three storey and attic mid terrace sandstone building with a painted façade. To the rear of the property lies a garage providing car parking spaces. The property is accessed via an attractive ground floor entrance providing direct access to the upper floors. The lower ground floor has a separate access from street level.
The premises comprise a generous office to the front, together with a similar sized office/board room to the rear, together with smaller rooms to the front and rear. The premises have recently been re-carpeted and redecorated.
Location
The property is located to the west of Glasgow city centre, in close proximity to the M8 motorway. The immediate area provides a variety of uses with hotels and adjoining offices, together with bars, restaurants and theatres.
The local area has undergone significant transformation as an office location being located close to Scottish Power’s new headquarters at the junction of St Vincent Street and Elmbank Street, together with St Vincent Plaza which lies directly opposite, where tenants include KMPG, Whyte & Mackay, Mott McDonald, Registers of Scotland and The Wood Group. Surrounding occupiers include The Swan Group, Sir Robert MacAlpine, Glasgow Scouts and the Glasgow City Hotel.
The subjects are well located with excellent transport links. Charing Cross train station lies adjacent to the subjects and regular bus services operate closeby on St Vincent Street and Bath Street.On-street car parking and multi-storey car parking are available closeby.
Accommodation
We calculate the premises to have the undernoted net internal floor area:
First Floor - 908 sq ft (84.39 sq m)
There are two garage car parking spaces.
Terms
Rent/Terms - A rent of £13,000 per annum is sought, inclusive of two car parking spaces.
There is no VAT payable on the rent.
The premises are available on a new Full Repairing and Insuring lease.
Business Rates - The premises require to be reassessed for business rates and a new Rateable Value allocated for the first floor. We expect this will be under the £15,000 threshold to qualify for 100% rates relief under the Small Business Bonus Scheme. For further details, please contact the Director of Finance at Glasgow City Council.