The property is arranged over the ground floor with access to basement storage. Date of entry by negotiation.
Offers are invited for our client's valuable leasehold interest either on the basis of a sub lease or an assignment.
Date of entry by negotiation.
Glasgow is the largest city in Scotland with an immediate urban population of approximately 630,000 and a significantly broader catchment.
The shop occupies an excellent trading location adjoining Buchanan Galleries and the Buchanan Prospect (Skechers, Office Shoes, etc.). The world famous Hard Rock Café is almost directly opposite the property.
Tenure
Leasehold
Viewing
Viewing can be arranged through the sole agents, Gavin Anderson at Whitelaw Baikie Figes on 0141 221 6161.
Accommodation
Accommodation details below:
Dimensions
ft
m
Gross Frontage
19.5
5.91
Net Frontage
16.5
5
Areas
sq ft
sq m
Ground Floor Sales
999
92.8
Basement Storage
825
76.64
Financial
Lease Type
Existing Lease
Lease Term
The property is held on the residue of a lease due to expire the 24th March 2023.
Legal
All terms are quoted net of VAT where applicable.
To comply with Money Laundering Regulations we are legally required to undertake due diligence on prospective purchasers/tenants which will at a minimum include proof of identity/address and funding. Applicable documentation will therefore be required on agreement of Heads of Terms.
Rent
The current rent is £160,000 per annum exclusive (subject to outstanding review). Provisional agreement of the review secured, further details can be provided upon request.
Rates
Rateable Year:
2020
Rateable Value:
£127,000.00
Rates Payable:
--
UBR:
--
Costs
Each party to be responsible for their own legal costs incurred in this transaction, with the ingoing tenant being responsible for LBTT, registration dues and VAT incurred thereon.
Sustainability
Energy Performance Certificate
D
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.
Energy Performance Certificate Information
A copy of the Certificate is available upon request.
Last Updated
25/03/2020
Misrepresentation Notice
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.
