Forming part of the ground floor of a larger grand red sandstone tenement, the property has a double height glazed frontage and entrance door protected by an electric roller shutter.
The unit is laid out over ground and mezzanine levels with the ground floor largely given over to sales with staff welfare and storage at mezzanine level.
Servicing is available through a rear door to a common corridor that leads out to Sauchiehall Lane.
Location
Sauchiehall Street is one of the principal shopping streets in Glasgow city centre. The premises sit on the southern side of the street in the block bounded by Wellington Street to the west and Hope Street to the east.
This is a well supported pitch with the property sitting between Waterstones and Santander. Other occupiers in the immediate vicinity include Marks & Spencer, Boots and Smash Burger.
Accommodation
Measured in accordance with the RICS Code of Measuring Practice (6th edition), we estimate the premises to extend to the following approximate floor areas:
Ground Floor: 45.47 sq m (489 sq ft)
Mezzanine*: 50.51 sq m (544 sq ft)
Net Internal Area: 95.98 sq m (1,033 sq ft)
*Note that 34.19 sq m (368 sq ft) of mezzanine level space has restricted head height.
Terms
Rating - From enquiries made at saa.gov.uk, the premises are entered on the current Valuation Roll as follows:
SHOP - NAV/RV - £XXX
Energy Performance Certificate - G
Planning - The property has the benefit of Class 1 (Retail) Use.
VAT - We understand the property has not been elected for VAT and VAT will therefore not be charged on the rent.
Terms - Our clients are offering the premises on the basis of a new full repairing and insuring lease of a minimum 5 years’ duration inviting rental offers in excess of £XXX per annum.
Please note that due to the structure of the Landlord, the lease will include provision for a Management Charge payable by the Tenant, based on 5% of the passing rent.
Legal Expenses - Each party will meet their own legal expenses incurred in connection with the transaction, with the incoming occupier meeting the costs of any Land and Buildings Transaction Tax and Registration Dues that may be payable.
Entry - Vacant possession is anticipated from November 2020. Earlier entry may be available by agreement.