The subjects comprise a ground floor retail unit, previously utilised as a betting office, within a four storey traditional tenement building of blonde sandstone construction. The property benefits from open plan retail space with large display windows. There is ancillary storage located at the rear of the property in addition to toilet facilities. Neighbouring tenants include a mix of independent retailers and the property would suit a variety of retail uses.
( Agency Pilot Software Ref: 50132 )
Location
The subjects are located on the east side of Saltmarket, between its junctions with London Road and St Andrews Street within the Trongate area of Glasgow which is on the city centre’s periphery. Public transport links, including Argyle Street railway station and St Enoch Subway station, are both within walking distance.
Accommodation
Ground Floor: 90.93 sq.m. (979 sq.ft.)
Terms
RATING ASSESSMENT The subjects are entered in the Valuation Roll with a Rateable Value of £14,250. The poundage rates for 2021/2022 is £0.49 in the pound. The ingoing tenant may qualify for 100% rates relief subject to meeting the eligibility requirements of the Small Business Bonus Scheme.
VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT).
ENERGY PERFORMANCE CERTIFICATE An EPC has been prepared for this property and can be provided upon request.
LEGAL COSTS Each party will be responsible for their own legal costs incurred in connection with this transaction. For the avoidance of doubt the ingoing tenant will be liable for LBTT, Extract Copies and VAT thereon.
LEASE TERMS The premises are offered on Full Repairing and Insuring terms.
Specification
• Close proximity to Glasgow city centre
• Class 2 consent
• Extends to approximately 90.93 sq. m. (979 sq. ft.)
• New FRI lease available
• Rental offers in excess of £15,000 per annum exclusive of VAT