The property comprises a ground & lower ground floor mid terrace commercial property situated within a larger red sandstone tenemental building of traditional construction surmounted by a pitched roof overlaid in slate.
The property benefits from a substantial aluminium framed glazed frontage, with granite edging. Access is gained via a single, glazed door leading to an open plan servery with seating at a poser bar and loose tables and chairs.
The property has been fitted out to suit the tenants requirement with main counter toward the front and open plan kitchen to the rear. Benefitting from an ample lower ground, the area offers staff area, storage and prep area, with main cooking and grilling prepared at ground floor level.
Location
The property is situated on the North side of Sauchiehall Street, close to its junction with Charing Cross within Glasgow’s city centre. Situated on Glasgow’s “Golden Z” shopping district, the area is the city’s hub for bars, restaurants, evening entertainment along with high demand for residential accommodation. The area benefits from high volumes of passing pedestrian and vehicular traffic along with excellent public transport links with Charing Cross train station and a plethora of bus stops in close proximity.
Neighbouring occupiers include Driftwood Bar, The Hall Bar, Genting Casino & The Garage Nightclub.
Accommodation
The property has been measured on a net internal area basis to extend to the following floor area;
Ground: 90.11sqm (970sq ft)
Lower Ground: 84.54sqm (910sq ft)
Terms
Price - On application
V.A.T - Prices quoted are exclusive of V.A.T
Legal Costs - Each party shall bear their own legal costs incurred in the transaction
Lease & Title - Available on request
Investment Summary - The property is held on a full repairing and insuring head lease on the following terms;
Tenant: Ltd Co. t/a “Chunky Chicken”
Term: 29/3/18 - 28/3/28
Passing Rent: £35,XXX.a
Review: Fixed increase in 2022 to £36,XXX.a until 2024.
Specification
- Prime City Centre Position
- Main Thoroughfare
- City Central Leisure Hub
- t/a Chunky Chicken
- Expiry 2028
- Passing Rent: £35,XXX.a
- Fixed Increase: £36,XXX.a
- Price On Application