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21 Jamaica Street Jamaica Street, Glasgow, G1 4QD
Use Class
E(a)
Size
8,906 sq ft
Rent pa
POA
Market Sector
High Street Scheme
Key Features
Open Class 1 Retail Consent
Sub-division potential
Description
City Centre Retail Unit - Confidential Disposal - Staff Unaware
The subjects are arranged over Ground Floor only with access for servicing from Adams Court Lane to the rear.
Location
Glasgow is Scotland’s largest city with a catchment population in excess of 2m persons, and a resident population of approximately 660,000. The city provides the strongest retail destination in Scotland and is widely recognised as the UK’s premier retail location outside London.
The premises occupy a prominent city centre location on the east side of Jamaica Street, close to the junction with Argyle Street and Union Street. Glasgow Central railway station is located within easy walking distance. Nearby retailers include Matalan, Lidl, Poundland, McDonalds, Pizza Hut and The Gym.
Key Information
Viewing
Viewing is strictly by appointment via the joint letting agents, through : John Duffy john.duffy@colliers.com 0141 226 1050 or Ross Wilkie ross.wilkie@colliers.com 0141 226 1075
Legal
Each party is to be responsible for their own legal and all other professional costs incurred in the transaction.
Accommodation
8,906 Sq.Ft
Financial
Lease Type
Existing Lease
Lease Term
The units are held on a head lease expiring 25 June 2021 at a headline rental of £325,000 per annum. Part of the unit is sub-let to Lidl UK GmbH on co-terminus lease at £110,000 per annum.
Rent
The net rent payable in respect of the available unit is £225,000 per annum.
Rates
We are verbally informed by the Assessors that the premises are to be reassessed for the financial year 2017/18. Interested parties are advised to verify these figures with the Local Assessors office.
Incentive
Incentives available.
Tenure
Leasehold
Rates
Sustainability
Energy Performance Certificate
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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