The subjects comprise a ground floor retail unit with storage and WC to the rear
Location
Glasgow is Scotland’s largest city and benefits from a residential population in the order of 630,000 with a further catchment in excess of 2 million. The city is widely recognised as the UK’s second retail centre after London. The subjects are located on Queen Street, a busy arterial route within the heart of the city centre, situated below a 171-room Travelodge Hotel.
The subjects are within a few minutes walk from George Square, Buchanan Street and the newly refurbished Queen Street Station (5th busiest station in the UK with approximately 23 million passengers). The Gallery of Modern Art is located diagonally opposite the subjects and other nearby occupiers include Tesco Express, Caffe Nero, Clydesdale Bank and Reiss
Accommodation
48 SQ M (517 SQ FT)
Terms
PLANNING The subjects benefit from a Class 1 (retail) consent, however other uses will be considered, subject to planning.
VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
LEGAL COSTS In the normal manner, each party will be responsible for their own costs incurred with the tenant being responsible for Land and Buildings Transactional Tax and registration dues
RENT £20,000 per annum.
LEASE TERMS The subjects are available on a new Full Repairing and Insuring basis incorporating 5 yearly rent reviews, for a term to be agreed.
EPC The property has an EPC rating of D. A copy of the certificate is available upon request.
Specification
- PROMINENT LOCATION ON BUSY ARTERIAL ROUTE
- SITUATED BELOW 171 BED TRAVELODGE
- WITHIN SHORT DISTANCE OF GEORGE SQUARE, BUCHANAN STREET AND QUEEN STREET STATION