The subjects comprise a double windowed shop contained on the ground floor of a four storey and basement stone build and slated tenement property.
The subjects are currently occupied under lease by the Crolla Ice Cream Co Ltd who have fitted the unit out internally to a high standard for its use as an ice cream parlour.
The ground floor provides a main counter/servery area with fixed and moveable tables and chairs with a disabled toilet to the rear. The basement floor accessed via a full staircase at the rear of the shop provides an attractive additional seating area, separate male and female toilets and a storage area.
Location
The subjects occupy a prime location on Byres Road, which is regarded as the principal shopping street serving the West End of Glasgow. The quality of adjacent traders include Pizza Express, Oxfam, Subway, Oliver Bonas, Bank of Scotland, etc.
Accommodation
We calculate the Net Internal Floor Area as defined in the RICS Code of Measuring Practice 6th Edition) to be approximately as follows:-
Ground Floor - 63.66 sq m (685 sq ft)
Basement - 55.76 sq m (600 sq ft)
Terms
RATING ASSESSMENT - The subjects are currently shown in Valuation Roll as follows:
Rateable Value - £XXX
LEASE TERMS - The subjects are currently leased to The Crolla Ice Cream Co Ltd on a full repairing and insuring lease, which runs to 31st December 2018. The tenant has indicated that they would consider vacating the property prior to this date.
PRICE/RENT - We are seeking a rental in the region of £XXX per annum in respect of a new lease on terms to be agreed. A sale price can be obtained on request.
VAT - Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS - Each party will be responsible for payment of their own legal costs to be incurred in any transaction.
EPC - The property has been assessed for energy performance and has a ‘F’ rating.
Specification
- To Let – Prime Retail Unit
- Superb position in sought after Byres Road trading location
- Current lease runs until 31 December 2018 – possible vacant possession prior
- Recently extended into basement & well fitted out
- Net Internal Floor Area:- Ground Floor: 63.66 sq m (685 sq ft) - Basement: 55.76 sq m (600 sq ft)
- Rent – rental offers in the region of £XXX per annum
- Price on request