Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

Property unavailable

This property advert is no longer active. It is possible that the same property has been re-advertised under a separate listing, click below to view any replacement or similar listings.

Please note we do not have names or contact details of anyone currently occupying this building we are also unable to provide details of the agents that posted the original advert with us.

If you are the owner of the building and would like to re-post this advert please email renewals@novaloca.com

If you would like to know if this, or any similar property comes back or on to the market please click here to get updates by email.

Merchant City Commercial Premises, 19 John Street, Unit 2 The Italian Centre, Glasgow, G1 1HP

4,470 Sq Ft / Retail / General Retail

Let - Last updated: 26 March 2024

The property is in a Grade B listed building arranged over ground floor and basement.

Unique Retail, Coffee / Sandwich Bar, Office / Showroom Opportunity within Glasgow’s Merchant City.

Location

Glasgow is Scotland’s largest city with a population of approximately 600,000 people and a wider catchment area population of approximately 2 million people. The main shopping thoroughfares, Buchanan Street and Argyle Street are within a five minute walk.

The property forms part of Italian Centre in the heart of the city’s popular Merchant City, the cultural, fashion, leisure and food destination. The premises occupy a prominent corner position and nearby occupiers include high end fashion retailers like Cruise, Ralph Lauren and Replay as well as high quality bar and restaurant operators like Mediterraneo, Hutchesons City Grill, Tinderbox and Brown’s Bar & Brassiere amongst others.

Accommodation

Ground Floor - 2,550 sq ft (236.89 sq m)

Basement - 1,920 sq ft (178.36 sq m)

TOTAL - 4,470 sq ft (415.25 sq m)

Terms

TENURE - The property is available on a new full repairing and insuring lease for a term to be agreed, subject to five yearly upwards only rent reviews.

RENTAL - Offers over £60,000 per annum exclusive of rates, service charge and VAT.

EPC - Available upon request.

RATEABLE VALUE:

Rateable Value: £47,750
Rates Payable (for 2023/2024): £23,779.50.
Interested parties should verify these figures by contacting the Scottish Assessors office.

PLANNING - The property currently benefits from Class 1 (Retail) Consent. Interested parties are advised to make their own enquiries to the Local Planning Department in respect of alternative uses.

VAT - All rents, prices and premiums are quoted exclusive of VAT.

LEGAL COSTS - Each party to bear their own costs in the transaction. The ingoing tenants will be responsible for any Land & Buildings Transaction Tax, VAT and Registration Dues payable.

SERVICE CHARGE - The service charge for the current budget year is £13,540.34.


Email me updates about similar new properties


Show similar properties

Contact agents

Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.