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Unit 12 Parkhead, Glasgow, G31 4AB

20,057 sq ft
Unit 12, The Forge Retail Park, The Forge Retail Park, Glasgow - Picture 2017-05-12-10-03-15
Use Class

Use Class

E(a)

Size

Size

20,057 sq ft

Rent pa

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

Rateable Year:
2017
Rateable Value:
£345,000.00
Rates payable:
£169,395.00

About Glasgow

Glasgow

We have a wide range of retail property and shops to let in Glasgow, as well as a selection of shopping centres, retail parks and leisure schemes to increase the visibility of your brand.

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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