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Unit 12 Parkhead, Glasgow, G31 4AB
Use Class
E(a)
Size
20,057 sq ft
Rent pa
POA
Key Features
Sub-division potential
20 minute drive time catchment for The Forge Retail Park exceeds 1 Miliion peope
Description
Retail Warehouse - Lease Disposal
A sub-division of the unit is possible to provide a maximum of 2 units, subject to Landlord's and Local Authority consents.
Tenants include B&Q , Tesco Extra, M&S Outlet, Next Clearance , Home Bargains, Sports Direct etc. Catering operators include Pizza Hut and KFC.
Key Information
Viewing
Viewing is strictly by prior appointment via the joint letting agents, through: John Duffy john.duffy@collliers.com 0141 226 1050
Legal
Each party is to be responsible for their own legal and all other professional costs incurred in the transaction.
Accommodation
20,057 Sq.Ft
The premises comprise of a mid-terraced retail warehouse unit.
Financial
Lease Type
Existing Lease
Lease Term
The units are held on an FRI lease expiring 27 August 2022 at a passing rental of £325,000 per annum.
Rates
We are verbally advised by the Assessors that the units are to be re-assessed for the financial year 2017/18. The proposed rating assessment is subject to Appeal. Interested parties are advised to verify these figures with the Local Assessors office.
Rates
This unit is part of The Forge Retail Park
The Forge Retail Park
The Forge Retail Park is Scotland’s 4th largest retail park ranked 16th largest in the UK. The Forge Retail Park lies adjacent to The Forge Shopping Centre (circa 450,000 sq ft), Celtic Football Club, the Sir Chris Hoy Velodrome and the Emirates Arena. Surrounding area significantly redeveloped following 2014 Commonwealth Games. Several new Private & Public Sector Residential developments in the nearby vicinity. There is anaverage of 235,000 vehicles per month. Current footfall estimated at 6 million people per annum. Catchment population within a 20 minute drive time is 1,059,872 people, this is estimated to grow by 1.89% by 2020 (CACI). Approx. 1,640 car parking spaces. Car Park has recently under gone extensive works to improve.
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.
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This was last updated on 18/01/2022