The subjects comprise a retail unit arranged over ground and basement levels within a four storey traditional tenement building. The property benefits from open plan retail space with large display windows. There is ancillary storage in addition to toilet facilities located towards the rear of the property. Neighbouring tenants include a mix of independent retailers and the property would suit a variety of retail uses.
( Agency Pilot Software ref: 53618 )
Location
The subjects are situated on the south side of Parnie Street, between its junctions with King Street and Chisholm Street within the Merchant City. The subjects are a short distance south of Trongate, which connects with Argyle Street and the wider city centre. Public transport links, including Argyle Street and St Enoch Subway stations are both within walking distance.
Accommodation
Unit extends to approximately 150.12 sq. m. (1,615 sq. ft.)
Terms
RATING ASSESSMENT The subjects are entered in the Valuation Roll with a Rateable Value of £13,800.00. The poundage rates for 2024/2025 is £0.498 in the pound.
VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT).
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.
LEASE TERMS The premises are offered on Full Repairing and Insuring terms.
RENT We are instructed to seek offers in excess of £17,500 per annum, exclusive of VAT. Please contact us for an Offer to Let form. As part of any letting, it is likely that our client will require an advance rental payment. Full details are available from the letting agents.
Specification
• Retail premises arranged over ground and basement levels
• Close proximity to Glasgow city centre
• Unit extends to approximately 150.12 sq. m. (1,615 sq. ft.)
• New FRI lease available
• Rental offers in excess of £17,500 per annum, exclusive of VAT