The premises comprise a mid-terraced, double-fronted retail unit arranged over ground floor, with the benefit of a full floor to ceiling glazed shop frontage. The upper floors are in office use.
Location
The subjects are located on the east side of Stockwell Street, between its junctions with Trongate and Osborne Street, in the retail heart of Glasgow city centre. Nearby retailers include Specsavers, William Hill, Argos and Sainsbury’s Local.
Accommodation
The subjects extend to approximately 1,473 sq ft (136.85 sq m).
Terms
TENURE - The subjects are available on a new full repairing and insuring lease for a term to be agreed, subject to five-yearly upward only rent reviews. Immediate entry is available upon completion of legal formalities.
RENTAL - Offers in the region of £38,000 per annum exclusive are invited.
ENERGY PERFORMANCE CERTIFICATE - Available upon application.
RATEABLE VALUE - We are verbally informed by the Local Rating Authority that the rating assessment for 2017/2018 is as follows:
Rateable Value: £25,250
Rates Payable: £11,767
LEGAL EXPENSES - Each party will bear their own legal expenses incurred in connection with this transaction.