The subjects comprise an attractive office suite which offers a good balance of accommodation between open plan general office area and private rooms with storage, separate male and female toilets and kitchen all within the suite.
Situated on the 5th floor of the recently refurbished six storey and attic red sandstone Listed building known as Atlantic House, there have been a number of recent improvements which include the installation of a new automatic lift serving all floors in the building, and an attractive entrance foyer at ground floor level.
Location
The subjects are situated on the west side of Hope Street between its junctions with Waterloo Street and Argyle Street, in the heart of Glasgow City Centre. The building also benefits from an additional frontage and entrance to Cadogan Street Central Station is situated directly opposite the property and large NCP car parks (Glasgow Central/Oswald Street) are also situated nearby. The plan opposite illustrates the approximate location of the subjects, for information purposes only.
Accommodation
We have calculated the Net Internal Area of the subejcts in accordance with the RICS Code of Measuring Practice (6th Edition) to be approximately:-
155.36 sq m (1,671 sq ft)
Terms
RATING ASSESSMENT
The subjects are entered in the current Valuation Roll as follows:
Rateable Value: £11,600
As the Rateable Value falls within scope for relief under the Small Business Bonus Relief Scheme, the suite may benefit from 50% rates relief. Further details should be obtained from the Local Authority.
RENTAL/SALE PRICE
We are seeking offers to lease in the region of £16,500 per annum in respect of a new lease of the subjects for a term to be agreed. Alternatively, our clients may consider a sale of their interest – further details on application.
VAT
Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS
Each party will be responsible for their own legal costs to be incurred in any transaction.
EPC
The premises have been assessed and currently have an F energy rating. Copy available upon request.
Specification
- Well apportioned, self-contained office suite
- Net Internal Area: 155.36 sq m (1,671 sq ft)
- Traditional office building
- Recent high quality refurbishment of common areas inc new lift
- Gas fired central heating system
- Offers to lease in the region of £16,500 per annum