The subjects comprise a single shop unit located on the upper trading mall. In addition, there is remote storage on the floor above Level 5.
Glasgow is Scotland’s largest city and the commercial, industrial and administrative centre for the West of Scotland. The city has a resident population of over 660,000 persons and a catchment population of over 2.3 million within a 40 minute drive time. Glasgow City Centre continues to occupy No. 2 position in the UK retail market.
Buchanan Galleries is located at the north end of Buchanan Street at its junction with Sauchiehall Street. The centre extends to 600,000 sq ft of prime retail floor space in the heart of Glasgow City Centre. The centre is anchored by John Lewis Partnership, Next, H&M and Boots the Chemist.
Other retailers include Hollister, River Island, Lakeland and The Entertainer.
Tenure
Leasehold
Viewing
Strictly by appointment.
Financial
Lease Type
Existing Lease
Lease Term
The subjects are available either on an assignation of the existing lease, or a sub-lease on terms to be negotiated. Incentives are available on request
Rent Review
2019/03 - 5 years
Rates
We are verbally informed by the Local Rating Authority that the premises have been assessed for rating purposes as shown above.
Interested parties are advised to make their own enquiries to the Local Authority.
Rateable Year:
2017
Rateable Value:
£55,000.00
Rates Payable:
£27,061.00
UBR:
49.2p/£
Costs
Each party is responsible for their own legal and other professional costs incurred in the transaction.
Last Updated
01/08/2017
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.
