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Class 1 Retail Unit In Shell Condition, 58 Gibson Street, Glasgow, G12 8LY

1,088 Sq Ft / Retail / General Retail

Withdrawn - Last updated: 12 August 2024

The property comprises a Class 1 retail unit which forms the ground floor of a traditional four storey end terraced building with residential dwellings on the upper levels. The property continues into the ground floor of a single storey over basement building, the lower level being in separate ownership, which benefits from a second form of access onto Eton Lane.

The property has been finished to shell condition, exposing sections of ornate cornicing and a ceiling rose, allowing any ingoing occupier the opportunity to fit out the unit to meet  their own requirements.

Location

The property is positioned on the north most side of Gibson Street situated in close proximity to Glasgow University, approximately one mile west of the city centre. This is a popular student area which has benefited from the development of new purpose built student accommodation and the new Hillhead Primary School. Surrounding occupiers are made up of a variety of users including food and drink, convenience and specialist retailers.

Accommodation

The property provides an open plan retail area with additional slightly raised open plan accommodation afforded in the rear via internal steps.

We calculate the net internal floor area of the property, in accordance etc, at 101.08 sq m (1,088 sq ft).

Terms

RATING ASSESSMENT - The property has been entered in the current Valuation Roll at a Rateable Value of £7,800.

The property is therefore eligible for 100% rates relief under the Small Business Bonus Scheme.

ENERGY PERFORMANCE CERTIFICATE - Energy Performance Indicator – Upon Application.

TERMS - Our client is seeking a rent of £15,000 per annum on full repairing and insuring terms for a period to be agreed.

VAT - Not applicable.

OFFERS - In the normal Scottish form addressed to this office.

LEGAL COSTS - Each party to bear their own legal costs. 

Specification

  • Class 1 unit with period features
  • Sought after West End location
  • .Shell condition to allow occupier fitout
  • TOTAL NIA: 101.08 sq m (1,088 sq ft)


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