Colliers International
John Duffy
Mobile: 07920 188946Ross Wilkie
Office: 1412261075Mobile: 7769877123Direct: 0141 223 8762Dixons Carphone
Visit websiteJamaica 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 International, Dixons Carphone,
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.
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.
A1 - Open
Leasehold
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
Existing Lease
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.
Each party is to be responsible for their own legal and all other professional costs incurred in the transaction.
Incentives available.
The net rent payable in respect of the available unit is £225,000 per annum.
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: | -- |
26/07/2017
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