Prime shop - lease for sale (due to relocation).
Location
Glasgow is the largest city in Scotland with an immediate urban population of approximately 630,000 and a significantly broader catchment.
The shop occupies an excellent trading location adjoining Buchanan Galleries and the Buchanan Galleries and the Buchanan Prospect (Skechers, Office Shoes etc). The world famous Hard Rock Cafe is almost directly opposite the property.
Accommodation
Gross Frontage - 19' 5" (5.91m)
Net Frontage - 16' 5 " (5.00m)
Ground Floor Sales - 999 sq ft (92.8 sq m)
Basement Storage - 825 sq ft (76.64 sq m)
Terms
Lease Terms - The property is held on the residue of a lease due to expire the 24th March 2023.
Rent - The current rent is £160,000 per annum exclusive.
Offers - Offers are invited for our clients' valuable leasehold interest either on the basis of a sub lease or an assignment.
Entry - Date of entry by negotiation.
Energy Performance Certificate - The property has an EPC rating of 'D'. A copy of the certificate is available upon request.
Rates - The property is entered in the Valuation Roll as follows: Rateable Value (2019/20) - £127,000
Legal Costs - Each party to be responsible for their own legal costs incurred in this transaction, with the ingoing tenant being responsible for LBTT, registration dues and VAT incurred thereon.
VAT - All terms are quoted net of VAT where applicable.