The subjects comprise a ground floor retail unit within a four storey traditional tenement building. The property benefits from open plan retail space. There is ancillary storage in addition to toilet facilities located towards the rear of the property. Neighbouring tenants include a mix of independent retailers and the property would suit a variety of retail uses.
( Agency Pilot Software ref: 51279 )
Location
The subjects are situated on the north side of Parnie Street, adjacent to its junction with Chisholm Street within the Merchant City. The subjects are a short distance south of Trongate, which connects with Argyle Street and the wider city centre. Public transport links, including Argyle Street train station and St Enoch Subway station, are both within walking distance.
Accommodation
Unit extends to approximately 27.49 sq.m. (296 sq.ft.)
Terms
RATING ASSESSMENT The subjects are entered in the Valuation Roll with a Rateable Value of £5,200. The poundage rates for 2023/2024 is £0.498 in the pound. The property will 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
• Ground floor retail premises
• Close proximity to Glasgow city centre
• Unit extends to approximately 27.49 sq.m. (296 sq.ft.)
• New FRI lease available
• Rental offers in excess of £6,000 per annum, exclusive of VAT.