The subjects comprise a ground floor fully fitted unit currently trading as East Bier Bar situated within a four storey blonde sandstone tenement building under a timber framed, pitched and tile clad roof. The subjects benefit from a timber framed and glazed shop front with two entrances and roller shutter protection.
Location
The subjects occupy a prominent location fronting on to London Road, a principal thoroughfare leading from Tollcross through the east end of Glasgow, close to Argyle Street and the famous ‘Barras Market’. The surrounding area is continually improving, with a large number of residential and retail developments in the vicinity. Nearby retailers include Ramsden Jewellers, Chicken Cottage, Subway Sandwiches and William Hill Bookmakers.
Accommodation
Internally, the subjects provide a carry-out facility, a fully fitted commercial kitchen with stainless steel hob and extractor, dining area with bar and fittings and male/female toilets, all fitted out to a high standard.
From measurements taken on site and in accordance with the RICS Code of Measuring Practice (Sixth Edition) we calculate the subjects extend as follows:
Net Internal Area: 75.5 sq m (812 sq ft)
Terms
RATING ASSESSMENT
The subjects are entered in the current Valuation Roll as follows:
Rateable Value: £13,800 from 1st April 2010.
LEASE TERMS/RENTAL
We have been instructed by our clients to seek rental offers in excess of £17,500 per annum for the benefit of a new lease on a tenant full repairing and insuring basis, incorporating upwards only rent reviews.
VAT
Unless otherwise stated, all prices, premiums and rents are quoted exclusive of VAT.
LEGAL COSTS
The ingoing tenant will be responsible for our client’s reasonably incurred legal and professional costs relative to the transaction.
EPC
A copy of the EPC will be provided upon application.
Specification
• Net Internal Area: 75.5 sq m (812 sq ft)
• Former Italian Restaurant now trading as ‘East’ Bier Bar.
• Carry-out facility
• Capable of sub-division
• Adjacent occupiers include William Hill Bookmakers
• Variety of new residential developments nearby
• Rental: Offers over £17,500 per annum