The subjects comprise a traditional ground floor and basement retail unit, forming part of a larger four storey traditional stone built tenement building surmounted by a pitched roof clad in tiles.
The property benefits from glazed frontage to Victoria Road and is arranged internally in its current use as a jeweller with a customer sales area to the front, workshop and toilet facilities in the rear of the property and storage in the basement.
Location
The property is situated on the east side of Victoria Road between its junctions with Allison Street and Bowman Street.
Victoria Road is a main arterial route linking the south side of Glasgow with the city centre and is a popular secondary retail location with surrounding occupiers comprising a mix of local and national covenants including Bank of Scotland, Farmfoods, Tesco Express and Semi-Chem.
Public transport links to Glasgow City Centre are plentiful in the area, with regular bus routes and Queens Park Railway Station located a short distance away.
Accommodation
According to our calculations, on a net internal basis, the area of the subject is as follows:-
Ground Floor: 36.06 sq.m (388.15 sq.ft)
Basement: 19.44 sq.m (209.25 sq.ft)
Total: 55.50 sq.m (597.40 sq.ft)
Terms
LEASE TERMS - Our clients are looking to lease the property on the basis of a new Full Repairing and Insuring lease for a period of 3 years minimum.
Rental offers in the region of £10,000 per annum are invited.
RATING ASSESSMENT - From the Scottish Assessors website, we note that the subjects are entered in the current Valuation Roll at a Rateable Value of £7,300. The property qualifies, subject to occupier status, for 100% rates relief via the Small Business Bonus Scheme.
Please note that a new occupier has the right to appeal the current assessment.
ENERGY PERFORMANCE - A copy of the energy performance certificate can be made available on request.
VAT - All prices quoted are exclusive of VAT, where applicable.
LEGAL COSTS - Each party will be responsible for their own legal costs.
Specification
- Located along busy secondary retail pitch.
- Suitable for a variety or retail uses.
- Net internal area of 55.5 sq.m (597.4 sq.ft).), approx.
- Rental offers in excess of £10,000 per annum.