The premises comprise a double windowed unit arranged over the ground and basement floors of a traditional stone building under a pitched and slated roof. The upper floors are in separate office use.
Location
Glasgow is Scotland’s largest city and has an immediate population of approximately 600,000 people and retail catchment in the order of 2 million people.
The subject premises are located in a prominent position on the south side of Bath Street.
The premises are positioned within close proximity to Sauchiehall Street, Buchanan Galleries Shopping Centre and Cineworld.
Nearby occupiers include Maki and Ramen, Blue Lagoon, Meet Fresh, KFC and Jay’s Grill.
Accommodation
The main dimensions and net internal areas are as follows:
Gross Frontage - 41 ft 2 ins (12.55 m)
Net Frontage - 29 ft 4 ins (8.94 m)
Ground Floor - 1,104 sq ft (102.56 sq m)
Basement - 398 sq ft (36.97 sq m)
Terms
RATING - We are verbally advised by the local Assessors department that the subjects are entered in the Valuation Roll as follows:
Rateable Value £22,500
Commercial Rate Poundage £0.49
(exclusive of water and sewerage rates)
Rates Payable £11,025 per annum
PLANNING - The premises currently benefit from Class 1 (Retail) consent, and may also be suitable for Class 2 (Office) consent or Class 3 (Restaurant) either by deemed Class 1A consent or through a formal planning application, depending on specific required use. Further details available upon request.
RENT - Offers in excess of £25,000 per annum exclusive are invited.
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 & VAT - 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), registration fees and any VAT incurred thereon.
ENTRY - By agreement and subject to vacant possession.
ENERGY PERFORMANCE CERTIFICATE - Further details available upon request.