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5 Gordon Street, Glasgow - Picture 2019-07-02-14-48-41
To Let

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5 Gordon Street Gordon Street, Glasgow, G1 3PR

Use Class

Use Class

E

Size

Size

268 sq ft

Rent pa

Rent pa

£50,000

Market Sector

Market Sector

High Street Scheme

Key Features

  • High footfall location

  • Very close proximity to Buchanan Street

  • Strong adjacencies

Description

PRIME RETAIL UNIT - LEASE FOR SALE

The premises provide a ground floor lock up.

Location

Glasgow is Scotland’s largest city with a catchment population in excess of 2m persons and a resident population of approximately 660,000 persons. The city provides the strongest retail destination in Scotland and is widely recognised as the UK’s premier retail destination outwith London.

The subjects are located on Gordon Street in close proximity to Buchanan Street. Gordon Street acts as the main thoroughfare linking Glasgow’s busiest train station, Central, with Scotland’s prime retail pitch, Buchanan Street.

Occupiers in the immediate vicinity include TGI Fridays, All Saints, Mountain Warehouse, Thomas Cook, Cath Kidston and Pret a Manger.

Key Information

Viewing

Strictly by appointment.

Accommodation

268 Sq.Ft

Dimensions
Feet
Metres
Gross Frontage
11.3
3.44
Net Frontage
8.86
2.7
Shop Depth
29.5
9
Areas
Sq.Ft
Sq.M
Ground Floor
268
24.9

Financial

Lease Type

Existing Lease

Lease Term

The premises are held on a 15 year FRI lease from 27 April 2018 to 26 April 2033. The passing rent of £50,000 per annum exclusive is next due for review on 27 April 2023 and five yearly thereafter.

Rent

Subject to contract, rental offers are invited in the region of £50000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above. Interested parties are advised to make their own enquiries to the Local Authority.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Tenure

Leasehold

Rates

Rateable Year:
2019
Rateable Value:
£33,250.00
Rates payable:
£16,293.00
UBR:
49p/£

Disclamier

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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