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Restaurant In Prominent Corner Position, 90 Renfield Street, Glasgow, G2 1HG

5,635 Sq Ft / Leisure / Restaurants / Cafes

To Let - £65,000.00 per annum

Available - Last updated: 18 January 2022

The premises comprise a multi windowed unit arranged over the ground and basement floors of a traditional stone building under a pitched and slated roof. The upper floors are in separate office use.

Location

Glasgow is Scotland’s largest city and has an immediate population of approximately 600,000 people and retail catchment in the order of 2 million people.

The subject premises are located in a prominent corner position on the west side of Renfield Street and north side of Bath Street.

The premises are positioned within close proximity to Sauchiehall Street, Buchanan Galleries Shopping Centre and Cineworld.

Nearby occupiers include Medic Skin, KFC, MacGregor MacDuff Kilts, Roma Ristorante and Evans Cycles.

Accommodation

The main dimensions and gross internal areas are as follows:

Frontage (Renfield St) - 42 ft 11 ins  (13.08 m)

Return Frontage (Bath St) - 32 ft 9 ins  (9.98 m)

Ground Floor - 3,176 sqft  (295.05 sqm)

Basement - 2,459 sqft  (228.44 sqm)

Terms

RATING - We are verbally advised by the local Assessors department that the subjects are entered in the Valuation Roll as follows:

Rateable Value £85,000

Commercial Rate Poundage £0.503 (exclusive of water and sewerage rates)

Rates Payable £42,755 per annum

Please note the rates payable may be subject to relief from government measures announced to assist businesses. Further details upon request.

RENT - Offers in excess of £65,000 per annum exclusive are invited.

LEASE TERMS - The premises are available on the basis of a new full repairing and insuring lease for a minimum term of 10 years subject to 5 yearly upward only rent reviews.

PLANNING - The premises are suitable for Class 3 restaurant use or retail and office uses. Further details are available upon request.

LEGAL COSTS & VAT - Each party is to be responsible for their own legal costs incurred in connection with this transaction with the ingoing tenant to be responsible for Land and Buildings Transaction Tax (LBTT), registration fees and any VAT incurred thereon.

ENTRY - By agreement and subject to vacant possession.

ENERGY PERFORMANCE CERTIFICATE - EPC rating is G. Further details available upon request.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in excess of To Let £65,000.00 per annum

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Contact agents

Peter Hutton

Canning Vale Property Ltd

0141 266 0240



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