Gunn Property Consultants
Visit websiteStephen Gunn
Office: 0141 221 3500Mobile: 07747733301
GVA
Visit websiteJohn Leatham
Office: 0131 469 6033
178 Trongate
TrongateGlasgow, G1 5RY
Use Class E
2,075 sq ft
£40,000
Use Class
E
Size
2,075 sq ft
Rent pa
£40,000
Marketed by Gunn Property Consultants, GVA
The subjects comprise part of the ground, first and basement floor of a larger building which is currently undergoing refurbishment into residential use. The property benefits from Class 2 consent.
Glasgow is Scotland’s largest city with a population of over 660,000 people and an estimated shopping and leisure catchment of 2 million within a 20 minute drive time. The subjects are on the fringe of the City’s central retail core in a well established retail destination. The premises occupy a prominent corner position on the north side of Trongate between the junctions with Glassford Street and Hutcheson Street. Nearby occupiers include Tesco, McDonalds, Poundland, Specsavers and TJ Hughes.
Tenure
Leasehold
Accommodation
Accommodation details below:
Areas
| sq ft | sq m | |
| First Floor | 290.00 | 26.94 |
| Ground Floor | 790.00 | 73.39 |
| Basement | 995.00 | 92.43 |
Financial
Lease Type
New Lease
Lease Term
The property is available by way of a new long term Full Repairing and Insuring lease.
Legal
Each party shall be responsible for their own legal costs incurred with this transaction, with the ingoing tenant being responsible for LBTT, Registration Dues and VAT incurred thereon.
Rates
We are verbally informed by the local rating authority that the current Rateable Value of the shop is £51,000. The UBR for 2015/2016 is 49.3p, so rates payable would be £25,143 pa. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.
| Rateable Year: | 2015 |
| Rateable Value: | £51,000.00 |
| Rates Payable: | £25,143.00 |
| UBR: | 49.3p/£ |
Last Updated
12/01/2022
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.
All data ©2022 Completely Property Technology Limited
Gunn Property Consultants