The premises comprises a ground floor showroom/studio within a multi occupied building. The premises are accessed from a communal entranceway and comprise an open plan studio with rear tea prep. Toilet facilities are at lower ground level.
Location
Milngavie is an affluent residential suburb situated approximately 6 miles north west of Glasgow City Centre.
The premises are located on Douglas Street and within arguably within the best retailing pitch of the town centre, with surrounding occupiers including Subway, Garvie & Co, Greggs, Costa, Bank of Scotland, Holland & Barratt and M&S amongst others.
There is car parking immediately to the rear of the subjects. Milngavie Train Station is located within a short walk from the subjects.
Accommodation
The premises have a net internal area of 79.75 sq m (858 sq ft).
Terms
Rent
Our client holds the premises on a 5 year full repairing and insuring lease expiring 17th November 2029. There is a tenant only break option on 18th November 2027. The passing rent is £13,800 per annum. There is no VAT payable. Our client is seeking to assign their lease, alternatively a sub lease may be considered
Business Rates
RV: £13,000
Payable: £1,794
The premises qualify for 72.50% rates relief under the Small Business Bonus Scheme. For further information please contact the Director of Finance at East Dunbartonshire Council.
Energy Performance Certificate
A copy of the EPC will be provided upon application.
Service Charge
The tenant shall pay a share of the upkeep of the building’s common parts.
Legal Costs
Each party will be responsible for their own legal costs and outlays including VAT incurred.
VAT
All prices, rents, premiums etc. are quoted exclusive of VAT. Interested parties must satisfy themselves as to the instance of VAT in respect of any transaction.
Date of Entry
By arrangement.