The subjects comprise a retail unit arranged over ground and basement and is currently used as office space. The ground floor comprises an office/ sales area with WC to the rear and further ancillary accommodation at basement.
( Agency Pilot Software ref: 5619 )
Location
Glasgow is Scotland’s largest city and benefits from a residential population in the order of 630,000 with a further catchment in excess of 2 million. The city is widely recognised as the UK’s second retail centre after London. The subjects are situated on the south side of Argyle Street on the junction of Minerva Street within the fashionable Finnieston district, approximately 1 mile west of Glasgow City Centre. Finnieston is an area which attracts restaurants and bars and is within walking distance of the striking riverside venues; Riverside Museum, SEC Armadillo and OVO Hydro.
Accommodation
GROUND FLOOR 131 sq m (1,405 sq ft)
BASEMENT 95 sq m (1,025 sq ft )
TOTAL 226 sqm (2,430 sq ft)
Terms
LEASE TERMS The subjects are available on a new Full Repairing and Insuring basis incorporating a 6 year term with upward only rent review on year 3.
EPC Available upon request. RV The subjects are currently entered in the Assessor’s Valuation Roll as having an RV of £25,750. The current UBR (2023/2024) for properties with an RV under £51,000 is £0.498. Rates payable amounts to £12,823.50 excluding water & sewerage.
PLANNING The subjects have a Class 4 (office) use, however other uses may be considered subject to planning.
ENTRY Upon agreement.
VAT Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending tenant must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
LEGAL COSTS Each party will be responsible for their own legal costs incurred, with the ingoing tenant being responsible for any Land & Buildings Transactional Tax, recording dues and VAT as applicable.
Specification
- PROMINENT UNIT LOCATED WITHIN FASHIONABLE FINNIESTON LOCALE
- NEW FRI LEASE ON FLEXIBLE TERMS