245 Main Street comprises a ground floor retail unit within a traditional three storey terraced sandstone tenement.
Internally the premises have benefited from being fully refurbished and are laid out to provide an open plan sales area to the front with storage and staff accommodation located to the rear.
Location
The subjects occupy a highly visible position on the north side of Main Street of Rutherglen town centre, an established commercial trading location at the crossroad junction with Farmeloan Road and Stonelaw Road.
Nearby occupiers are represented by a mix of national and local retailers including Boots, Bright House, Nationwide Building Society, Betfred and Thomas Cook.
Rutherglen is located within the South Lanarkshire region and is a suburb of Glasgow, located 3 miles south east of Glasgow City Centre. The town has a resident population in the region of 30,000 and is well served by road, rail and public transport networks.
Accommodation
From measurements taken on site we calculate the property to have a Net Internal floor area of 52.48 sq.m. (564 sq.ft.)
Terms
RATES - From the Scottish Assessor’s website we note the property to have a Rateable Value of £8,300.
Under the Small Business Bonus Scheme this property would qualify for 100% rates relief, subject to occupier’s status.
Please note that a new occupier has the right to appeal the current assessment.
RENT - Rental offers of £10,500 per annum, exclusive of VAT (if applicable) are invited on the basis of a new full repairing and insuring lease of a negotiable term.
EPC - Available on request.
ENTRY - Entry is available upon completion of legal formalities.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred with an incoming tenant responsible for any LBTT incurred.
Specification
- Established commercial position within Rutherglen town centre.
- Fully refurbished to a high standard.
- 100% rates relief available, subject to status.
- NIA 52.48 sq.m. (564 sq.ft.)
- Rent £10,500