Forming part of the ground and basement floors of a larger sandstone tenement, the property has a full height height glazed frontage and a single street level entrance door.
The unit is laid out over ground and basement levels with the ground floor largely given over to sales with a broad stair at the rear leading down to a full height basement.
Location
Sauchiehall Street is one of the principal shopping streets in Glasgow city centre. The premises sit towards its western end in the block that sits between Elmbank Street and Charing Cross.
This pitch is a mix of leisure and retail uses with other occupiers in the immediate vicinity include Tesco, Loon Fung Chinese Restaurant and The Garage nightclub.
Accommodation
Measured in accordance with the RICS Code of Measuring Practice (6th edition), we estimate the premises to extend to the following approximate floor areas:
Ground Floor: 81.35 sq m (807 sq ft)
Basement: 80.17 sq m (869 sq ft)
Net Internal Area: 162.07 sq m (1,745 sq ft)
Terms
Rating - From enquiries made at saa.gov.uk, the premises are entered on the current Valuation Roll as follows:
SHOP - NAV/RV - £36,750
Energy Performance Certificate - The subject property has an EPC rating of E
Planning - The property has the benefit of a sui generis consent allowing use as an Adult Gaming Centre but is also suitable for Class 1a (Retail and Office) Use.
VAT - We understand the property has been elected for VAT and VAT will therefore be charged on the rent and other outgoings.
Terms - Our clients hold the premises on a lease expiring at 22 April 2036 with tenant only break options at April 2026 and 2031. The current rent passing is £45,000 per annum.
Our clients seek a suitable assignee or subtenant on terms to be agreed.
Legal Expenses - Each party will meet their own legal expenses incurred in connection with the transaction, with the incoming occupier meeting the costs of any Land and Buildings Transaction Tax and Registration Dues that may be payable.
Entry - Immediately available on conclusion of missives.