The premises comprise a retail/showroom unit over ground and basement within an imposing Category B Listed six storey sandstone building. The upper floors are residential. The property has excellent frontage to Montrose Street and has been fitted out to a very high standard. The ground and basement floors have two interconnecting staircases accessing excellent basement accommodation. The rear of the ground floor benefits from good levels of natural light from the rear skylight windows and is transmitted to the basement via a feature atrium balcony.
Location
Montrose Street links Ingram Street with George Street and is located within Glasgow’s vibrant and cosmopolitan Merchant City. Positioned on the east side of Montrose Street and immediately opposite the junction with Cochrane Street. There has been a significant amount of development activity in the vicinity in recent times and surrounding occupiers include Dallas & Dallas Interiors, HM Revenue & Customs, Premier Inn, Royal Bank of Scotland, Tinderbox, Tesco Express and Bose. The established and popular Merchant City leisure circuit is nearby which provides a variety of bars/clubs, restaurants and entertainment venues.
Accommodation
The property has the following net internal floor areas:
Ground Floor: 119.47 sq m (1,286 sq ft)
Basement: 216.74 sq m (2,333 sq ft)
Basement Store: 41.00 sq m (440 sq ft)
Terms
Lease Terms
The premises are available on a flexible full repairing and insuring lease at a rental of £35,000 per annum.
Rateable Value
£30,000. For 2013/2014 the rate poundage has been set at £0.462.
Use
The premises benefit from Class 1 Retail Use. Interested parties should make their own enquiries of the Council’s Planning Department regarding any alternative uses that may be considered appropriate.
Energy Performance Certificate
A copy of the EPC will be provided upon application.
Legal Costs
Each party will be responsible for their own legal costs and outlays including VAT incurred.