The premises comprise a single windowed retail unit arranged over the ground and basement floors and form part of a tenement building under a pitched and slated roof. The upper floors are in separate residential use.
Location
Glasgow is Scotland’s largest city and has an immediate population of approximately 600,000 people and a retail catchment in the order of 2 million people.
Stonelaw Road provides one of the main arterial routes running through the Rutherglen and Burnside areas.
The premises are located on the west side of Stonelaw Road in a prominent position within the main retail parade. Nearby occupiers include Tesco, The Post Office, Slater Hogg and Howison, Allen & Harris, Greggs and Burnside Train Station.
Accommodation
The main dimensions and net internal areas are as follows:
Gross frontage - 13 ft 2 ins (4.01 m)
Net frontage - 10 ft 0 ins (3.05 m)
Ground floor - 326 sqft (30.29 sqm)
Basement - 215 sqft (19.97 sqm)
Terms
RATING - We are verbally advised by the local Assessors department that the subjects are entered in the Valuation Roll as follows:
Rateable Value £9,600
Commercial Rate Poundage £0.49
(exclusive of water and sewerage rates)
Please note the rates payable may be subject to full relief from the small business rates scheme. Further details available upon request.
PLANNING - The premises currently benefit from Class 1 (Retail) consent, however, may be suitable for Class 2 (Office) use subject to securing planning permission. Interested parties should make their own enquiries with the Planning Department at Glasgow City Council.
RENT - Rental offers over £11,500 per annum are invited.
VAT is not currently chargeable on the rental payments.
LEASE TERMS - The premises are available on the basis of a new full repairing and insuring lease for a minimum term of 10 years subject to 5 yearly upward only rent reviews.
LEGAL COSTS - Each party is to be responsible for their own legal costs incurred in connection with this transaction with the ingoing tenant to be responsible for Land and Buildings Transaction Tax (LBTT) and registration fees.
ENERGY PERFORMANCE CERTIFICATE - Further details available upon request.