The subjects comprise a ground floor double-fronted retail unit forming part of a larger four-storey tenement building of red sandstone construction.
The property benefits from open plan retail space, two entrance doors and 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: 50326 )
Location
The subjects are located on the north side of Duke Street, close to its junction with High Street on the eastern periphery of Glasgow’s recognised city centre area. The property is located to the north of Glasgow Cross and a short distance south of Glasgow Cathedral. Public transport links, including High Street and Glasgow Queen Street railway stations, are both within walking distance
Accommodation
Ground Floor: 62.38 sq.m. (671 sq.ft.)
Terms
LEASE TERMS The premises are offered on Full Repairing and Insuring terms.
RENT We are instructed to seek offers in excess of £XXX per annum exclusive
RATING ASSESSMENT The subjects are entered in the Valuation Roll with a Rateable Value of £XXX The poundage rates for 2021/2022 is £XXX 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.
Specification
• Close proximity to Glasgow city centre
• Extends to approximately 62.38 sq. m. (671 sq. ft.)
• New FRI lease available
• Rental offers in excess of £XXX per annum, exclusive of VAT