The subjects comprise a retail unit arranged over ground and basement floors forming part of a larger three-storey and attic building of blonde sandstone construction. The premises benefits from large display windows and a pedestrian access door. Internally, the subjects comprise a main sales area, staff accommodation, WC and a stock room.
( Agency Pilot Software ref: 53807 )
Location
K metropolitan region. With a city population of 1.85M it has a renowned vibrancy and attractiveness to inward investment, innovation and development. As a place to live, work, study and visit it has an economy and lifestyle to support its desirable retail reputation.
Buchanan Street is long established as one of the strongest shopping locations outside London and is Glasgow’s prime retailing street. The city is a leading fashion destination and has an expansive variety of retail offering. The subject property is located in a 100% prime location on the east side of Buchanan Street towards its northern end. Buchanan Galleries Shopping Centre and in close proximity to Queen Street Station and Glasgow’s underground network.
Accommodation
Ground 75.16 sqm
Basement Total 50.27 sqm
Total 125.43 sqm
Terms
The property is held on an effective Full Repairing and Insuring lease until January 2028 at an annual rental of £160,000 per annum. The premises are available on flexible lease terms by way of either a sub-letting or assignation. Full details are available from the letting agents.
RATING The subjects are entered in the Valuation Roll with a Rateable Value of £103,000. The poundage rates for 2024/2025 is £0.559 in the pound. ft2 809 541 1,350
LEGAL COSTS Each party will be liable for their own legal costs, however for the avoidance of doubt the tenant shall be liable for LBTT, Extract Copies and VAT
Specification
- Prime location on Buchanan Street
- Located directly across from Buchanan Street underground station and adjacent to Buchanan Galleries
- Available by way of sub-let or assignation
- Arranged over ground and basement floors
- Suitable for a variety of uses