The subjects comprise a self-contained office suite forming the entire fifth floor of an ornate grade ‘B’ listed building. Access to the accommodation is taken from a large, attractive common hallway and a passenger lift then provides access to the upper floors.
The accommodation is open plan in design but has been subdivided to provide a variety of offices/rooms as follows:
- Reception area
- General office
- 4 private offices
- IT room
- Training room
- Staff kitchen
- Staff toilets
Location
The subjects are located on the west side of St Enoch Square directly opposite St Enoch Shopping Centre in the heart of Glasgow City Centre.
The subjects benefit from excellent transport links with St Enoch underground station situated immediately opposite the subjects. In addition, Glasgow Central and Queen Street stations are located only a short distance away. Plentiful car parking is also available with a number of multi-storey car parks situated nearby at St Enoch Centre, Howard Street and Jamaica Street.
The immediate area will see increased development in the coming years, with the announcement of two new hotel schemes within walking distance and the extension to St Enoch’s Centre creating a new cinema.
Accommodation
We calculate an IPMS 3 office area of 242.44 sq m (2,610 sq ft). This area has been calculated using IPMS 3 – Office in accordance with the RICS Property Measurement Professional Statement, (First Edition, May 2015) incorporating the International Property Measurement Standards.
Terms
RENT - The subjects will be offered on a new fully repairing and insuring lease at an annual rental of £20,000 per annum exclusive of VAT subject to conditions. Please contact Fraser Smith for further information.
RATING - The premises are entered in the current Valuation Roll with a rateable value of £25,500. Estimated actual rates payable would equate to £11,016 per annum.
EPC - A copy of the EPC will be available upon request.
VAT - All Prices, premiums and rents quoted are exclusive of VAT.
LEGAL COSTS - Each party will be responsible for their own legal costs relative to the letting.
Specification
- IPMS 3 – Floor Area:242.44 sq m (2,610 sq ft)
- Prominent city centre office
- Category ‘B’ Listed building
- Excellent transport links
- VAT free rent
- Open plan space
- Rent £20,000 per annum