Two fully refurbished retail units to let within busy shopping location of Glasgow south side, subject comprises a self-contained retail/office unit, the subject comprises a self-contained retail/office unit, occupying part of the ground floor of a traditional four storey building of sandstone tenement construction with a pitched slate roof.
The subjects have the benefit of a double windowed display frontage with fitted steel electric roller security shutters.
Internally, the premises been recently renovated to a very high standard and are arranged to provide a main office/retails or public area to the front. Furthermore, this unit comes with a massive basement which can be used for storage, A staff welfare area and a toilet are situated towards the rear of the unit.
The floor to the subjects appears to be of solid construction and has been generally carpeted throughout. Walls have been painted and an acoustic tile ceiling has been fitted.
Location
These retail unit/s are situated within south side of Glasgow area of Mount Florida some three miles to the south of Glasgow city Centre, beside Hampden football stadium and also surrounded with a wide range of shops and other business.
Cathcart Road (A730) forms a popular retail location within Mount Florida, as well as being a busy arterial route. The surrounding area is primarily residential in nature, typified by high density tenemental dwellings – generally with retail/commercial units situated at ground floor level.
The subjects benefit from a high level of pedestrian and vehicular traffic and are situated on a number of bus routes, as well as being in close proximity to Hampden Stadium, Langside College and Mount Florida Railway Station. Adjacent occupiers comprise primarily a mix of national multiple retailers and independent sole traders.
Accommodation
From measurements taken on-site and in accordance with the RICS Code of Measuring Practice (Sixth Edition), we calculate the subjects extend as follows:
Unit 19 - Net Internal Area - 45.058 sq m (485 sq. ft)
Unit 21 - Net Internal Area - 30.1935 sq. m (325 sq. ft)
Terms
RATING ASSESSMENT - The subjects are entered in the current Valuation Roll as follows:
Ratable Value: £XXX unit 19
Ratable Value: £XXX unit 21
100% rates relief may be available to qualifying occupiers under the Small Business Bonus Scheme.
RENTAL/LEASE TERMS - We have been instructed by our client to seek rental offers in the region of £XXX per annum for unit 19 & £XXX per annum for unit 21 the benefit of a new lease of negotiable duration on commercial terms, incorporating regular upwards only rent reviews.
VAT - Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS - We would expect the ingoing tenant to be responsible for our clients reasonably incurred legal fees relative to the transaction.
Specification
- Ground floor office/retail unit: 45.058 sq m (485 sq ft) unit 19
- Ground floor office/retail unit: 30.1935 sq m (325 sq ft) unit 21
- Excellent commercial location
- Prominent unit situated in Mount Florida on Glasgow’s South Side
- Class 2 (Office/Financial Services)
- Class 1 (Retail) Planning Consent
- On-street car parking
- May qualify for 100% rates relief