The subjects comprise the former Watt Bros department store, arranged over basement, ground and four upper floors.
The north building is a classical design developed over 4 floors with twin Italianate towers to the front elevation. The lower floors are finished primarily with glass curtain walling with red sandstone to the upper floors. The roof is multipitched with slate finish, with a central glass apex.
The south building is an Art Deco design over 4 floors, of red sandstone construction beneath a flat synthetic roof. The third aspect is linked to the south building internally and has roller shutter access from Sauchiehall Lane. It is developed over 3 floors, beneath a flat synthetic roof.
Internally, all three buildings are interlinked and subdivided to provide plant and storage space at basement and extensive retail floor space across the upper levels. There are a number of manager offices throughout the building as well as a cash room and staff facilities.
Location
Glasgow is Scotland’s largest city, with a population of approximately 660,000, and an estimated shopping catchment of two million within a 20 minute drive time. The city is well served by public transport with two mainline train stations, an underground network and a number of bus routes which run through the city centre.
The subjects are located in the heart of Glasgow city centre and occupy a highly prominent corner position at the junction of Sauchiehall Street and Hope Street and further benefit from extensive frontages to both Sauchiehall Street and Hope Street and also to Bath Street. Located on the pedestrianised section of Sauchiehall Street, the property benefits from high levels of footfall which exceed that of Buchanan Street.
In addition, there are a number of hotels in close proximity including Hampton by Hilton, Abode, Apex and Point A.
Accommodation
We have measured the subject premises and have calculated the following approximate main dimensions and floor areas:
Roof - 1,070 sq ft (99.4 sq m)
Third Floor - 3,832 sq ft (356 sq m)
Second Floor - 7,341 sq ft (682 sq m)
First Floor - 8,170 sq ft (759 sq m)
Mezzanine - 4,338 sq ft (403 sq m)
Basement - 8,417 sq ft (782 sq m)
Ground Floor - 8,127 sq ft (755 sq m)
Total - 41,295 sq ft (3,836 sq m)
Terms
RENT - On Application.
PRICE - On Application
RATEABLE VALUE - £250,000.
PURCHASE VEHICLE - The property is the sole asset held in a SPV.
EPC RATING - The property has an EPC rating of E (69).
PLANNING - Clean offers preferable however subject to planning may be considered.