The premises comprise a fully refurbished ground floor shop / office within a two storey sandstone terraced property under a pitched and slate covered roof. The upper floor is residential.
The premises are attached to provide a generous retailing / sales area with a private office and rear shop area together with a WC. The refurbishment has included a new aluminium framed shopfront with floor to ceiling glazing, plasterboard walls and a suspended ceiling with integrated light fittings. There is a small basement accessed from the common close providing excellent storage opportunities.
Location
Milngavie is an affluent residential suburb situated approximately 6 miles north west of Glasgow city centre. The premises are located on Station Road within the town centre. Surrounding occupiers include Honeybee Bakery, Fantoosh Nook, Graeme Pharmacy, Original Factory Shop, Alasdair Campbell Jewellers, Libellula Boutique, Bank of Scotland and Garvie and Co.
The subjects benefit from excellent footfall with Station Road being the main connecting route from Milngavie train station to the town centre. In addition, there is ample car parking within the town and in particular there is a large car park (58 spaces) immediately to the rear of the subjects.
Accommodation
Ground Floor - 620 sq ft (57.50 sq m)
Basement - 198 sq ft (18.40 sq m)
Total - 818 sq ft (75.90 sq m)
Terms
Rent / Terms - £18,000 per annum. There is no VAT payable on the rent. The premises are available on a new full repairing and insuring lease for a period to be agreed.
Business Rates - The rateable value has been re-assessed as per below.
RV £14,600 (provisional)
Payable £7,154
As the RV is less than £15,000 the subjects qualify for 100% rates relief under the Small Business Bonus Scheme. For further information please contact the Director of Finance at East Dunbartonshire Council.
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.
Energy Performance Certificate - Available 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.