The subjects comprise a retail unit arranged over ground and basement levels within a four storey traditional tenement building. The property benefits from open plan retail space with large display windows. There is ancillary storage located at the rear of the property in addition to toilet facilities in the basement. Neighbouring tenants include a mix of independent retailers and the property would suit a variety of retail uses.
( Agency Pilot Software ref: 53084 )
Location
The subjects are located on the north side of Norfolk Street, a short distance south of Glasgow City centre in Laurieston. Public transport links, including Bridge Street Subway station and numerous bus stops within walking distance. M8 and M74 motorway access is immediately available both north and southbound via Junctions 21 and 1 respectively
Accommodation
Unit extends to approximately 52.74 sq. m. (568 sq. ft.)
Terms
VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT).
ENERGY PERFORMANCE CERTIFICATE An EPC has been prepared for this property and can be provided upon request.
LEGAL COSTS Each party will be responsible for their own legal costs incurred in connection with this transaction.
RATING ASSESSMENT The subjects are entered in the Valuation Roll with a Rateable Value of £3,400. The poundage rates for 2024/2025 is £0.498 in the pound. The property will qualify for 100% rates relief subject to meeting the eligibility requirements of the Small Business Bonus Scheme.
Specification
- Ground floor retail unit with basement
- Close proximity to Glasgow city centre
- Unit extends to approximately 52.74 sq. m. (568 sq. ft.)
- New FRI lease available
- Rental offers in excess of £7,500 per annum, exclusive of VAT.