178 Trongate

Trongate

Glasgow, G1 5RY

Use Class E

2,075 sq ft

£40,000

Use Class

Size

2,075 sq ft

Rent pa

£40,000

Marketed by GVA, Gunn Property Consultants,

Last updated 13/02/2017

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

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

13/02/2017

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.

Contacts