The subjects comprise a self contained ground floor retail premises, within a larger five storey building, with office accommodation within the upper levels. We understand this is earmarked for redevelopment.
Surrounding occupiers include, Spar, Greggs and Ladbrokes.
Location
Glasgow is Scotland’s largest city and benefits from an immediate population of approximately 660,000 people and an estimated shopping catchment of 2 million.
The subjects are situated on the west side of Renfield Street, in the heart of Glasgow City Centre with the block bounded by Gordon Street to the south and St Vincent Street to the north. Glasgow Central Station is approximately 150 yards to the south of the subjects.
Accommodation
We understand the unit provides the approximate Net Internal Areas:
Ground Floor - 61.30 sq m (660 sq ft)
Terms
RENT - Offers over £27,500 per annum.
TERM - The subjects are available to lease on standard, Full Repairing and Insuring terms for a period of negotiable duration. It is anticipated that the minimum period of lease will be 10 years.
RATES - We understand from the assessor’s website that the unit has a current rateable value of £18,800.
LEGAL COSTS - Each party shall be responsible for their own legal costs incurred in connection with this transaction.
VAT - Unless otherwise stated all figures, prices, etc, are quoted exclusive of VAT
ENERGY PERFORMANCE CERTIFICATE - A full EPC survey has been carried out and is available for inspection.
Specification
- Located in the heart of Glasgow City Centre
- High levels of passing footfall
- Approximately 61.30 Sq. M (660 Sq. Ft.)
- Offers over £27,500 per annum