· Contemporary studio space in traditional listed building
· Comprehensively refurbished
· Lift serving upper floors
· City Centre location immediately adjacent to Buchanan Street
· Excellent public transport and parking close-by
· Low common charges
· Various suite sizes available
· From 45.43 sq m (489 sq ft) to 169.89 sq m (1,829 sq ft)
Location
The property is accessed from Argyll Arcade, immediately to the east of Buchanan Street and in the heart of Glasgow City Centre. The area is characterised by a mix of occupiers with generally retail/cafe uses at ground floors with upper floors generally in office use. Glasgow’s ‘Lighthouse’ building is located immediately opposite.
The property occupies an excellent position, being within 5 minute’s walk of Central Station and Queen Street stations and directly adjacent to Scotland’s premier retailing destination, Buchanan Street. Regular bus services pass along numerous adjacent streets including Renfield Street and Argyll Street. St Enoch subway station is adjacent to the property, whilst the office is also within minutes’ walk of three multi storey car parks.
The office is formed within the fifth floor of the building.
The remainder of the upper floors of the building are generally occupied by a mix of professional companies/retail occupiers.
Accommodation
The office suite is formed within a traditional listed building, constructed of solid sandstone and being designed over 7 levels. The office is located at fifth floor level and is accessed via a modern automated passenger lift and attractive traditional stairwell. The building has a tenant directory board at street level and also benefits from 24 hour access.
The office suite is arranged to provide a range of workspaces/studios, designed to offer maximum flexibility in terms of suite size and growth. The space benefits from two separate access doors from the common landing, which lead to large open plan studios, a range of smaller meeting spaces/private offices, gym, kitchen area and male and female toilets.
The studio space is designed to a high specification which includes the following:
· Contemporary floor finishes including painted timber flooring and modern floor tiles
· Contemporary pendant and fixed light fittings
· Plastered and plasterboard walls and ceilings
· Gas central heating system
· Fully fitted shower room
· Gym (equipment included if required)
· Modern male and female toilets facilities (2x WB and 2x WHB in each)
· Fully fitted contemporary kitchen area with granite worktops and coffee making facilities (if required)
· New pendant light fittings
Areas
The studio extends to a total net internal area of 330.44 sq m (3,557 sq ft) or thereby. This excludes the toilet accommodation within the suite. Flexible solutions can be offered to individual occupiers, with suites from 39.98 sq m (430 sq ft). Please contact us if you have a specific requirement and we can provide you with a plan showing space which might suit.
Terms
Rating
The current Rateable Value is split into two, with the figures being £29,000 and £3,900. For suites with a Rateable Value under £15,000, 100% rates relief is available to qualifying companies under the current Scottish Government’s Small Business Bonus Scheme. For those unable to take advantage of this relief, the current Uniform Business Rate is £0.466.
Terms
Available upon request.
Service Charge/Factors fees
There is a common service charge which is periodically payable to the factor. This charge includes external and common internal repairs, general maintenance, lift maintenance/operators, common lighting, common heating, common window cleaning, general cleaning, replenishing of toilets, CCTV, management of the building, building insurance etc. Full details of the levels of charge and further information is available via the Sole Letting Agent.
VAT
We understand that there has been no election to waive exemption on VAT and therefore no VAT is payable.
Legal Costs
Each party to bear their own legal costs in the transaction. The tenant will be responsible for the cost of any Registration Dues or LBTT.
Date of Entry
Immediate entry is available.