The subjects comprise a fairly substantial retail unit, arranged over ground and basement floors within the Mercat Building. The unit itself comprises the western-most retail unit within the building, which itself comprises a substantial stone constructed property arranged over ground, basement and five upper floors.
Internally the property benefits from open plan retail space with glazed frontage facing onto Saltmarket, Gallowgate and London Road. Ancillary storage is located towards the rear along with WC facilities on the ground floor. The property would suit a variety of retail uses.
The area contains a mix of both national and independent retailers and neighbouring tenants include Tesco Express, Dominos, Subway and Guitar Guitar.
( Agency Pilot Software Ref: 49882 )
Location
The Mercat Building is located on the eastern side of Glasgow Cross, between London Road to the south and Gallowgate to the north, at the intersection of Trongate and Saltmarket, in close proximity to the popular Merchant City area. The building is conveniently positioned near High Street and Argyle Street railway stations, providing quick and easy access for commuters and beyond. There are also a number of bus services serving the immediate area
Accommodation
Ground 314.14 sq m(3,381sq ft )
Basement 342.53 sq m (3,687 sq ft )
Terms
LEASE TERMS The premises are offered on Full Repairing and Insuring terms.
RENT Price on application. Please contact us for an Offer to Let form. As part of any letting it is likely that our client will require an advance rental payment. Full details are available from the letting agents.
RATING ASSESSMENT The subjects are entered in the Valuation Roll with a Rateable Value of £XXX The rate poundage for 2021/2022 is XXX in the pound.
VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT).
ENERGY PERFORMANCE CERTIFICATE An EPC has been prepared for this property and can be provided upon request.
LEGAL COSTS Each party will be responsible for their own legal costs incurred in connection with this transaction. For the avoidance of doubt the ingoing tenant will be liable for LBTT, Extract Copies and VAT thereon.
Specification
• Situated within the Mercat Building
• Close proximity to the popular Merchant City area
• Substantial retail premises
• Extends to approximately 656.67 sq. m. (7,068 sq. ft.)
• New FRI lease available