21 Jamaica Street

Jamaica Street
Glasgow, G1 4QD

Use Class E(a)

8,906 sq ft

POA

Use Class

E(a)

Size

8,906 sq ft

Rent pa

POA

Marketed by Colliers, Dixons Carphone

Last updated 26/07/2017

City Centre Retail Unit  - Confidential Disposal - Staff Unaware

Key Points

Open Class 1 Retail Consent
Sub-division potential

The subjects are arranged over Ground Floor only with access for servicing from Adams Court Lane to the rear.

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.

Use Class

A1 - Open

Tenure

Leasehold

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

Accommodation

Accommodation details below:

Dimensions

	ft	m
Gross Frontage	106.2	32.4

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.

Legal

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

Incentive

Incentives available.

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.

Rateable Year:	2017
Rateable Value:	£119,000.00
Rates Payable:	£58,129.00
UBR:	--

Sustainability

Energy Performance Certificate

Last Updated

26/07/2017

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.