The subjects comprise of a 1,878 sq.ft Class 3 restaurant presented in a near fully-fitted condition. The unit is situated within a larger modern mixed residential and commercial development known as The Merchant Building. The previous tenant spent significant expenditure at the unit which the proposed tenant will benefit from. Currently the Male, Female and Disabled toilets in very good condition, with back of house areas are presented to a high standard also.
The unit provides seating for 77 covers in a large glazed open seating area which benefits from high ceilings.
Also included in the properties demise is an external seating area facing onto the Trongate area.
Location
The surrounding area comprises of a busy district within the city centre that is a mix of retail and leisure, as well as plenty of residential stock. The unit benefits from high levels of passing traffic and footfall, which due to its prominence an operator could capitalise on.
Accommodation
We estimate the subjects extend to a gross internal area of 213.51 sq.m / 2,298 sq.ft.
- Main restaurant seating area
- Male, Female & Disabled toilets
- Large till/bar/service desk
- Large kitchen
- Kitchen preparation area
- Office
- Staff WC
- Stores
Terms
TRADE
The property has always been tenanted, as such we have no trading information available to interested parties.
LICENCE
The premises benefit from a Premises Licence under the Licensing (Scotland) Act 2005.
SERVICES
Mains drainage, gas, electricity and water are all connected to the property.
The property also has the benefit of a fully function alarm system.
ENERGY PERFORMANCE CERTIFICATE (EPC)
The Energy Performance Certificate will be provided upon request.
RATES
We are advised that the rateable value is £XXX
TENURE
Leasehold interest.
LEASE TERMS
The subjects are offered on the basis of a new lease agreement, the terms of which are open to negotiation. The proposed rental is £XXX per annum and a regular review provision will be incorporated.
Any new tenant(s) must be demonstrably capable of fulfilling their obligations under the lease agreement and references will be requested without exception.
EXCLUSIONS
The trading name Juicy Lucy is excluded from the letting.
Specification
- Modern, high quality restaurant unit.
- Caters to approximately 77 covers.
- 213.51 sq.m / 2,298 sq.ft with a highly visible glazed frontage.
- Benefits from recent fit out works to very high standard.
- Estimated 15,000 vehicles passing daily.