156 Crown Street benefits from a modern shopfront set behind electric security roller shutters. The upper floor comprises offices and public library. Internally the premises are well presented and comprise four private offices, male and female/disabled toilets and a tea prep area. There is loading from the rear service yard where parking can also be found.
Finishes internally include carpet flooring, plaster and painted walls, high suspended ceiling incorporating fluorescent and downlight fittings. Heating is from wall mounted radiators. The premises are alarmed.
Location
The premises are located on the west side of Crown Street within the heart of the retail / commercial centre of the award winning ‘New Gorbals’, a modern residential area lying around 0.5 miles for Glasgow city centre.
The property is located on the ground floor of a modern commercial development comprising retail, offices and a public library. Surrounding occupiers include Co-operative Food, Lloyds Pharmacy, Greggs, i2i Opticians, Boots, Glow Salon, Loretta and New Gorbals Housing Associations.
There is on street car parking available to the front of the premises and locally. The subjects are a short drive from J21 of the M8 and J1A of the M74.
Accommodation
Frontage - 19 ft (5.70m)
Depth - 50 ft (15.45m)
Net Internal - 900 sq ft (83.64 sq m)
Terms
Lease Terms - The subjects are held on a 10 year lease due to expire on 12 April 2022.
The passing rent is £XXX pa.
Our client is seeking to assign or sub lease their interest.
Business Rates:
RV £XXX
UBR £XXX/£XXX (2018/19)
Payable £XXX
The premises qualify for 100% rates relief under the Small Business Bonus Scheme. For further details contact the Finance Dept at Glasgow City Council.
Energy Performance Certificate - A copy of the EPC can be provided upon request.
VAT - VAT is not payable on the rent.
Legal Costs - Each party will be responsible for their own legal fees and outlays including VAT.