The premises comprise a prominent multi-windowed retail unit arranged over the ground floor only and forms part of a modern building under a pitched and slated roof. The upper floors are in separate residential use.
Location
Glasgow is Scotland’s largest city and has an immediate population of approximately 600,000 people and a retail catchment in the order of 2 million people.
Great Western Road provides one of the main arterial routes running through Glasgow’s affluent west end. This area forms one of the most popular residential areas in Glasgow comprising a high proportion of students and young professionals.
The premises are located on the north side of Great Western Road in a highly prominent corner position at the junction with Kirklee Road. The subjects are located in close proximity to the Botanical Gardens. The premises are also within walking distance of Byres Road / Ashton Lane which has a strong mix of retail and leisure offers with a wide variety of cafes, bars and restaurants.
Accommodation
The main dimensions and net internal areas are as follows:
Net frontage - 18 ft 3 ins 5.55 m
Return frontage - 12 ft 10 ins 3.91 m
Ground floor - 1,415 sq ft 131.46 sq m
Terms
RATING - We are verbally advised by the local Assessors department that the subjects are entered in the Valuation Roll as follows:
Rateable Value £16,000
Commercial Rate Poundage £0.49 (exclusive of water and sewerage rates)
Rates Payable £7,840 per annum
Please note the rates payable may be subject to relief from the small business rates scheme or recent government measures announced to assist businesses. Further details upon request.
PLANNING - The premises currently benefit from Class 1 (Retail) consent, however, may be suitable for Class 2 (Office) or Class 3 (Restaurant) uses subject to securing planning permission. Interested parties should make their own enquiries with the Planning Department at Glasgow City Council.
RENT - Offers in excess of £50,000 per annum exclusive are invited.
LEASE TERMS - The premises are available on the basis of a new full repairing and insuring lease for a minimum term of 10 years subject to 5 yearly upward only rent reviews.
LEGAL COSTS & VAT - Each party is to be responsible for their own legal costs incurred in connection with this transaction with the ingoing tenant to be responsible for Land and Buildings Transaction Tax (LBTT), registration fees and any VAT incurred thereon.
ENTRY - By Agreement.
ENERGY PERFORMANCE CERTIFICATE - EPC rating details available upon request.