This property is located within a 5 storey sandstone building within the Merchant City. The property is accessible via a stairway off the street and entered via a dedicated entrance. The property comprises a former restaurant, large kitchen and benefits from a rear exit onto Virginia Place. Internally, the property is fitted out as a restaurant and offers an open plan dining area accessed directly from the entrance. A large kitchen is situated to the rear. Male and female toilet facilities are situated in the mid shop area.
Location
The subjects are located on Miller Street within the Merchant City, close to the bustle of Glasgow's busy shopping precints - Buchanan Street and Argyle Street. The property is situated on the East side of Miller Street which links Argyle Street and Ingram Street. The Merchant City is characterised by bustling bars, luxury apartments, tenement flats, award winning restaurants, designer shops and artists' galleries. Recent redevelopment and regeneration, particularly in the provision of quality restaurants, retails and residential accommodation has helped to rejuvenate the Merchant City into today's choice for retailers and restaurateurs alike.
Accommodation
The subject comprises a Gross Internal Area of 354.08 sq m (3,810 sq ft) or thereby.
Terms
RENT
We are instructed to seek offers over £35,000 per annum for the leasehold of this property.
LEASE TERMS
Our clients are offering the premises on a new full repairing and insuring lease of flexible duration incorporating regular upwards only rent reviews.
PLANNING
The property benefits from Class 3 consent under the Use Classes Scotland Order 1997.
LEGAL COSTS
Each party will bear their own legal costs incurred during any transaction. Each party will bear their own legal costs incurred during any transaction.
RATING
In terms of the Valuation and Rating (Scotland) Act 1956, as amended, the property has been assessed for rating purposes and entered in the Valuation Roll for the current year as follows:
£19,000 effective from the 1st April 2010.
VAT
All prices, rents and premiums, where quoted, are exclusive of VAT.
VIEWING INFORMATION
Viewing is strictly by prior appointment. Please contact the Marketing Agent for further information.
Specification
- Gross Internal Area 354.08sqm (3,810sqft)
- Located within the Merchant City, Glasgow
- Within walking distance of Queen Street and Central Station
- Located within close proximity to Argyle Street and Buchanan Street
- Property benefits from Class 3 consent
- Fully Licensed restaurant
- Offers Over £35,XXXa