The premises comprise a double fronted retail premises arranged over ground, first and second floors within a 3 storey blonde sandstone building. The ground floor is fitted out to the tenant’s standard specification.
Location
Glasgow is Scotland’s largest city with a population of approximately 660,000 and an estimated shopping catchment of 2 million.
The premises occupy a 100% prime location on the north side of the pedestrianised section of Sauchiehall Street.
Nearby occupiers include Savers, Chopstix, McDonalds, Jollibee, Blacksheep, Starbucks, Mountain Warehouse and Kokoro.
Accommodation
The premises extend to the following approximate areas:
Ground Floor: 2,347 sq ft / 218.03 sqm
First Floor: 2,127 sq ft / 197.56 sqm
Second Floor: 2,259 sq ft / 209.88 sq m
Terms
Tenancy - The property is held on a full repairing and insuring lease with a schedule of condition on the following terms:
Tenant: PLK Investment (1) td Ltd t/a Popeyes Louisiana Chicken
Expiry: 6th May 2044
Tenant Break Options: May 29 / May 34 / May 39
Rent Reviews: 5 yearly to OMV
Passing Rent: £85,000pa
Price - On application
EPC - On application
Legal Costs - Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Specification
- Prime City Centre Popeyes Investment
- FRI Lease
- Rent: £85,000 pa
- Expiry: 6th May 2044
- Price: On application