The property comprise two end terraced and interconnected ground floor shop units within a 4 storey blond sandstone tenement.
The subjects currently trade as a sit in / takeaway café and are arranged to provide a service area to the front including a hatch to serve directly to the street for takeaway, customer seating together with a WC and prep area / kitchen to the rear. No cooking currently takes place on site. There is the capacity for seating c. 40 covers internally with additional outdoor terrace seating.
Location
Finnieston is now the most fashionable part of Glasgow. Since the development of the Ovo Hydro concert venue which attracts on average 1 million visitors per year, the area has become enormously popular for restaurants and bars. The subjects are located on the north side of Argyle Street to the east of its junction with Kent Road.
Located within a 10 min walk from the city centre, the district is now home to a vibrant mix of bars, restaurants, offices and dwellings. Significant residential developments are planned locally. Notable occupiers closeby include The Finnieston, Lebowskis, Rioja, Porter and Rye, Crabshakk and the Brass Monkey. A Tesco Express and Aldi provide the focus for food retailing in the area.
In addition to the Hydro, also within a close walk are the SEC, University of Glasgow, Kelvingrove Park as well as the world famous Kelvingrove Art Galleries. Transport connections in Finnieston are excellent, with the M8 motorway and regular bus services all close at hand. Exhibition Centre railway station is within a few minutes’ walk and directly connects to Glasgow Central Station.
Accommodation
Floor Area - Net Internal Area: 856 sq ft (79.56 sq m)
Terms
Rent - Offers over £20,000 per annum. There is no VAT payable on the rent.
Premium - Premium offers are invited for the benefit of a new lease.
Business Rates:
RV £12,300
Payable £6,027
The premises qualify for 100% rates relief under the Small Business Bonus Scheme, for further information please contact the Director of Finance at Glasgow City Council.
Premises Licence - The premises benefit from having a premises licence for consumption off-site, an amendment will be required for on-site consumption.
Legal Costs - Each party is responsible for their own legal costs and the tenant shall be responsible for lease registration costs and land tax as standard.
VAT - All prices, rents, premiums etc. are quoted exclusive of VAT. Interested parties must satisfy themselves as to the instance of VAT in respect of any transaction.
Date of Entry - By arrangement.
Energy Performance Certificate - A copy can be provided upon request.
Anti Money Laundering Regulations - The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on the 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.