Rarely Available
Prominent Frontage
Centre Of I.F.S.D
Ground & Basement
Held on F.R.I Lease
Tenant: William Hill
Expiry: October 2028
Passing Rent: £35,XXX.a.
Price: £345,000
Location
The property is situated on the south side of Argyle Street at its junction with West Campbell Street within Glasgow City Centre. The property is situated in close proximity to the extensive redevelopment ongoing within the IFSD with neighbouring occupiers including J.P Morgan, HMRC, Tesco and Piccolo Mondo.
Property
The property forms a mid-terrace ground floor retail unit within a larger sandstone tenemental building surmounted by a pitched roof.
The property benefits from multiple display windows and single access door of aluminium framed and glazed construction.
Internally the property is in an open plan layout with floors overlaid in carpet and laminated timber, with lighting provided by way of fluorescent stirs recessed within the suspended acoustic tile ceiling along with air conditioning units.
Partitions have been erected to the rear to form customer w.c. facilities, staff facilities, with further storage provided at basement level via a single staircase.
Area
The property has been calculated to extend to the following floor area;
Ground: 110.58sqm (1,190sq ft)
Bsm: 50.15sqm (540sq ft)
Total: 160.73sqm (1,730sq ft)
Lease Summary
The property is held on a full repairing and insuring head lease on the following terms;
Tenant: William Hill Organization Ltd
Term: Expiry 11th October 2028
Tenant Break: October 2025 & 2027
Passing Rent: £35,XXX.a.
Further: William Hill Organization Limited forms part of 888 Holdings PLC, one of the world's leading online betting and gaming companies
Price
The property is available on a freehold basis for £345,000
V.A.T.
The property is not elected for V.A.T.
E.P.C
Available on request
Title
Available on request
Legal
Each party shall bear their own legal costs incurred in the transaction
Viewing
Whilst it is a good idea to visit a trading business that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business.