The subjects comprise a double fronted retail unit within an established parade of single storey shops.
Internally the accommodation provides a large open plan sales area to the front with additional storage and toilet accommodation to the rear.
The subjects lend themselves to sub-division to create two smaller retail units and this is something that our client is currently considering.
Location
The subjects occupy a prominent local trading location fronting the busy Paisley Road West and benefits from high pedestrian footfall and passing vehicular traffic.
The subjects are situated within a range of similar type properties with nearby occupiers including Betfred, Greggs and Lloyds Pharmacy alongside other local traders.
Accommodation
We calculate the Net Internal Floor Area in accordance with the RICS Code of Measuring Practice 6th Edition) to be approximately 998 sq m (92.78 sq ft).
Terms
RATING ASSESSMENT - The subjects are currently entered in the Valuation Roll with a Rateable Value of £21,750.
Should the premises be sub-divided to create two smaller units the premises would require to be re-assessed for rating purposes.
RENTAL/LEASE TERMS - We are instructed to seek offers to lease in excess of £25,000 per annum for the entire space on a full repairing and insuring basis for a lease duration to be agreed.
VAT - Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS - Each party will be responsible for payment of their own legal costs to be incurred in any transaction.
EPC - EPC available on request.
ANTI-MONEY LAUNDERING - In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents. The required documents will be confirmed and requested at the relevant time.
Specification
- Prominent local trading location
- Net Internal Area (ITZA): 998 sq ft (92.78 sq m)
- Double fronted retail unit
- Potential for sub-division to 2 smaller units, subject to planning permission
- High pedestrian footfall and vehicular traffic
- Suit a variety of retail uses
- Rental offers in excess of £25,000 per annum for the whole (Rentals for sub divided units on request)