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118 Sauchiehall Street, 3rd & Attic Levels, Glasgow, G2 3DH

298 to 1,586 Sq Ft / Retail / Retail - High Street

Let - Last updated: 08 June 2022

The subjects available for lease comprise the 3rd and attic levels contained within a 4-storey building of traditional construction.

The 1st and 2nd floors also fall within our client’s ownership, however these are is presently occupied by James Robertson Kiltmakers and Land Ahoy Tattoo Studio, respectively.

Access to the building is provided from a private entrance at street level, directly off Sauchiehall Street, leading into a lift lobby and staircase affording access to the upper floor levels.

We would briefly summarise the accommodation as follows:-

3rd Floor – Office accommodation compartmentalised by way of demountable stud partitions, kitchen and 2No.toilets. Two points of access off common  landing.

Attic – Open plan office with toilet. 

There are two fire escape staircases to all levels and a passenger lift affording access between 1st and 3rd floor levels.   

Location

The subjects are situated on the southmost side of Sauchiehall Street, at its junction with Hope Street, in the heart of Glasgow City Centre.  For many years,  Sauchiehall Street at this point has been pedestrianised and closed to through traffic, forming a prime retail thoroughfare in Glasgow. The subjects are directly adjacent the Savoy Shopping Centre and several significant national retailers are nearby, including Marks & Spencer, Co-operative Food, Boots, Waterstones and WH Smith. To the opposite corner is the Watt Bros department store.

The surrounding area comprises a mature and established mixture of light commercial premises including office and retail property.

The subjects are conveniently located in respect of all city centre amenities, including public transport connections and leisure outlets, all of which are within easy walking distance. 

Accommodation

According to our measurements, we calculate the approximate Net Internal floor areas to extend as follows;

Third Floor - 119.67 sq.m (1,288 sq.ft)

Attic - 27.69 sq.m (298 sq.ft)

TOTAL - 147.36 sq.m (1,586 sq.ft)  

Terms

RATING ASSESSMENT - From reference to the Scottish Assessor Association’s website (www.saa.gov.uk), we can advise that the subjects are entered in the current Valuation Roll under the following assessments:

3rd Floor - Rateable Value, £14,300

Attic - Rateable Value, £2,300 

ENERGY PERFORMANCE CERTIFICATE - The subjects have an EPC rating of G.

Sight of the Energy Performance Certificate (EPC) for the subjects can be made available upon request.

LEASE TERMS - The subjects are available on a floor by floor or combined basis, subject to agreeing terms on the basis of new Full Repairing and Insuring leases.  Alternatively, our client would also consider shorter periods of 12 months minimum to be structured on licence agreements.

RENT - Reduced rentals from £7.50 per sq.ft are available. 

Specification

  • 2nd floor recently let to Land Ahoy Tattoo studio.
  • Corner position with excellent natural light provisions.
  • Well located building along pedestrianised section of Sauchiehall Street.
  • NIA of 1,288 sq.ft approx at 3rd floor and 298 sq.ft at attic floor.
  • New FRI leases or licence agreements available on floor by floor or combined basis.
  • Competitive rents from only £7.50 per sq.ft.


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