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Retail / Leisure Opportunity, 4A West Regent Street, Glasgow, G2 1RW

10,000 Sq Ft / Retail / General Retail

To Let - £135,000.00 per annum

Available - Last updated: 20 April 2021

The property currently comprises of extensive fitted licenced restaurant/bar premises over ground and lower ground within an attractive traditional blonde sandstone building. The accommodation benefits from dedicated access to each of the ground and lower ground levels connected by an existing internal staircase and goods lift. The current owners propose to comprehensively redevelop the accommodation, including bold frontage treatment and significant  improvements to connectivity between the floors for fitting out by a new operator to their bespoke requirements. Currently the ground floor provides open plan bar/restaurant accommodation with an extensive bar area, fitted kitchen, male, female & ambulant toilet facilities. The lower ground floor again is open plan benefitting from male & female WCs together with a cellar. Subject to securing the necessary permissions the opportunity exists for a party to secure an early interest in the premises to have direct input into the proposed design and layout to create an exciting new venue within this burgeoning part of Glasgow city centre.Connections to all main services are provided; gas, electricity and water.

Location

4A West Regent Street offers a rare opportunity to secure extensive premises located in the heart of the city centre on the north side of the Street between its junctions with West Nile Street and Renfield Street. The location has transformed in recent years as a result of significant investment and development including:

>> 1 West Regent Street, completed in summer 2015, providing 143,000 sq ft of Grade A office space with office occupiers including Weir Group and Arup, and Giraffe restaurant at ground floor.

>> The Buchanan Quarter/Gardens development completed in 2013 providing 49 luxury apartments together with 10 new retail units, including Gap, Vans and Forever 21.

Other restaurant operators attracted to the location recently include Smoke and Reds True BBQ which are immediately adjacent and opposite, as well as Byron, Dim Sum, Cote, Handmade Burger and Bill’s. These complement established venues in the vicinity such as Revolution, Wagamama, All Bar One and Carluccios.

Accommodation

The property has been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) and extends to the following gross internal areas:

Ground floor: 440 sq m (4,736 sq ft) 

Lower ground floor: 487 sq m (5,242 sq ft) 

Total: 927 sq m (9,978 sq ft) 

Terms

TERMS - The subjects are available by way of a new full repairing and insuring lease on terms to be agreed at a rental of £135,000 per annum. 

RATEABLE VALUE - The subjects will require to be reassessed following subdivision and reconfiguration and interested parties are invited to make enquiries of the local Assessor.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  To Let £135,000.00 per annum

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Contact agents

Gregor Brown

Gerald Eve LLP (Scotland)

0141 432 0697



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