The subjects comprise a ground floor retail unit forming part of a larger five-storey tenement building of red sandstone construction. The property benefits from open plan retail space, large display windows and security shutter. There is ancillary storage located at the rear of the property in addition to toilet facilities. Notable nearby occupiers include Tesco Express, Subway, Domino's and William Hill.
( Agency Pilot Software ref: 53168 )
Location
The subjects are located on the edge of the Merchant City, on the eastern periphery of Glasgow city centre. The immediately surrounding area is predominantly residential in nature comprising traditional tenements and new developments of student flats and affordable housing. The main campus of the University of Strathclyde is close-by
Accommodation
79,01 sq. m. (850 sq. ft.)
Terms
ENERGY PERFORMANCE CERTIFICATE An EPC has been prepared for this property and can be provided upon request.
LEGAL COSTS Each party will be responsible for their own legal costs incurred in connection with this transaction. For the avoidance of doubt the ingoing tenant will be liable for LBTT, Extract Copies and VAT thereonRENT Our clients are seeking offers in excess of £22,000 per annum, exclusive of VAT.
RATING ASSESSMENT To be assessed.
VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT)
LEASE TERMS The premises are offered on a new long-term Full Repairing and Insuring lease incorporating regular rent reviews.
Specification
• Ground floor retail premises
• Merchant City location
• Extends to approximately 79,01 sq. m. (850 sq. ft.)
• Rental offers in excess of £22,000 per annum, exclusive of VAT
• New FRI lease available