The subjects comprise an extensive ground floor unit forming part of a historic art deco building, with a highly prominent glazed curved frontage. The upper floors are in separate office use forming part of Reel House.
Internally the unit provides an open plan layout, offering flexibility in future use, ready for fitting out.
Location
Glasgow is Scotland’s largest city and has an immediate population of approximately 600,000 and a wider catchment of two million.
The subjects are located in a prominent position at the junction of Renfield Street and West Regent Street, in the heart of Glasgow city centre. This is a high footfall location in close proximity to Glasgow Central Train Station and Buchanan Street, regarded as Scotland's premier retail destination.
Nearby occupiers include Doner Haus, The Merchant, German Doner Kebab, The Raven, Maki and Ramen, Missoula, Escape Rooms and The Maltman.
Accommodation
In accordance with RICS Property Measurement Professional Statement (Second Edition), we calculate the following approximate Gross Internal Area:
Ground Floor - 274.52 sqm | 2,955 sqft
Terms
RENT - Offers in excess of £75,000 per annum exclusive are invited.
ENTRY - By agreement.
LEGAL COSTS & VAT - Each party is to be responsible for their own legal costs incurred in connection with this transaction with the ingoing tenant to be responsible for Land and Buildings Transaction Tax (LBTT), registration fees and any VAT incurred thereon.
LEASE TERMS - The premises are available on the basis of a new full repairing and insuring lease for a minimum term of 10 years subject to 5 yearly upward only rent reviews.
ENERGY PERFORMANCE CERTIFICATE - EPC rating details available upon request.
PLANNING - The subjects are suitable for retail, F&B and office uses with further details available upon application.
RATING - To be assessed following occupation.
Specification
- Flagship F&B opportunity
- Highly prominent corner location
- Suitable for a variety of alternative uses
- Extends to approx. 2,955 sqft