Merchants House is a striking Grade A listed building arranged over ground and five upper floors offering modern accommodation within tradition surroundings.
The fifth floor suite is accessed from a passenger lift and comprises open plan accommodation with a generous private office.
Location
Merchants House is located on George Square, arguably Glasgow’s most prestigious business address. The building occupies a prominent corner position at the junction of George Square and West George Street.
The location benefits from an abundance of retail and leisure amenities close by on Buchanan Street and the surrounding area. George Square has recently benefited from the opening of a number of high profile restaurants adding to the locations impressive leisure offering.
Surrounding occupiers include Rainbow International, Glasgow Chamber of Commerce, TC Young Solicitors, Jamie’s Italian, Brown Restaurant & Brassiere and the Millennium Hotel. The premises are ideally located for all public transport facilities, with Queen Street Train Station immediately adjacent and Buchanan Street Underground and Central Station nearby.
Accommodation
In accordance with the 7th Edition of the RICS Code of Measuring Practice, we calculate the subjects to have the following net internal area:
90.70m2 (976ft2)
Terms
Rent
Reduced Rental - £9,700 per annum, exclusive of VAT.
Lease Terms
The lease is available on full repairing and insuring terms.
Service Charge
The tenant will pay a share of the service charge for the building. Further details about capped service charge are available upon request.
Rateable Value
NAV/RV: £8,700
Uniform Business Rate: £0.462/£1
Rates Payable: £4,019
Where the Rateable Value of a property is under £10,000 it may be eligible for the Small Business Bonus Scheme. It would be eligible for 100% relief until 31 March 2014. Details for this allowance can be obtained from the Director of Finance at Glasgow City Council.
Legal Costs
Each party will be responsible for their own legal costs and outlays including VAT incurred.
Energy Performance Certificate
A copy of the EPC will be provided upon application.
VAT
All prices, rents, premiums etc. are quoted exclusive of VAT. Interested parties must satisfy themselves as to the instance of VAT in respect of any transaction.
Date of Entry
By arrangement.