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Unit 16 Buchanan Galleries, Buchanan Street, Glasgow, G1 2FF

Use Class

Use Class

E

Size

Size

1,811 sq ft

Rent pa

Rent pa

£130,500

Market Sector

Market Sector

Shopping Centre

Description

PRIME RETAIL UNIT

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.

Location

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.

Key Information

Viewing

Strictly by appointment.

Accommodation

1,811 Sq.Ft

Dimensions
Feet
Metres
Internal Width
25.9
7.89
Shop Depth
64.4
19.6
Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,567
145
Remote Store
244
22.7

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

Subject to contract, rental offers are invited in the region of £130500 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rent Review

Next review date 2019/03

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.

Costs

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

Tenure

Leasehold

Rates

Rateable Year:
2017
Rateable Value:
£55,000.00
Rates payable:
£27,061.00
UBR:
49.2p/£

This Property is Part of a Shopping Centre

Buchanan Galleries Shopping Centre

Buchanan Galleries offers brands retail space on the UK’s busiest high street, with the highest Spend Per Head, outside of London. For over 20 years, Buchanan Galleries has been home to a thriving shopping and leisure scene for retail giants and boutique independents – all within a city recognised as one of the top retail destinations in the UK. Buchanan Galleries is home to many brands that can’t be found anywhere else in Glasgow, including John Lewis, Victoria’s Secret, Mango, Monki, Lakeland and Lego

Disclamier

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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