130 St Vincent Street, Glasgow, G2 5HF Tel: 0141 204 3838 Fax: 0141 204 3554
To Let / May Sell Retail Unit
207 Sauchiehall Street Glasgow G2 3EX
Prominent location on prime street High footfall on pedestrianised stretch Nearby occupiers include Primark, Marks & Spencer, Boots, Argos, Costa, Dunnes and Tesco Metro
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Leeds 0113 243 6777
Viewing strictly by appointment through the joint letting agents :-
Dundee 01382 227900
Inverness 01463 717202
LOCATION With a population in excess of 600,000 and a catchment population in the order of 2 million, Glasgow is Scotland’s largest city and is the second most popular retail destination in the UK. The premises have a presence within one of Glasgow’s well established retailing locations on the pedestrianised stretch of Sauchiehall Street. Nearby occupiers include Costa, Tesco Metro, Henderson Jewellers, Primark, Marks & Spencer, Boots the Chemist, Argos and Dunnes Stores. DESCRIPTION The subjects comprise a traditional retail shop over ground, basement and first floors and occupy a prominent location within a retail terrace on Sauchiehall Street. Internally the subjects are arranged to provide ground and first floor sales with storage at basement.The subjects have a Category B Listing within a very attractive period building. ACCOMMODATION The subjects have the following approximate areas:Ground Floor
1,557 sq ft
(145 sq m)
First Floor
1,289 sq ft
(120 sq m)
Basement
1,103 sq ft
(103 sq m)
TOTAL
3,949 sq ft
(368 sq m)
LEASE The subjects are offered on the basis of a new Full Repairing and Insuring lease incorporating 5 yearly upward only rent reviews. Rental offers in excess of £50,000 per annum are sought. PRICE Our client may consider a sale of the subjects and offers are invited.
USE Class 3 (food and drink), subject to restricted cooking on the premises. ENERGY PERFORMANCE CERTIFICATE EPC Rating - TBC RATING We understand from the Local Assessor’s website that the subjects have the following rating assessment:Rateable Value UBR (2015/16) Rates Payable
£106,000 £0.48 £50,880 (exclusive of water & sewerage)
LEGAL COSTS Each party will be responsible for their own legal costs incurred with an ingoing tenant/purchaser being responsible for any Stamp Duty Land Tax, recording dues and VAT as applicable. VALUE ADDED TAX Unless otherwise stated, all prices, premiums and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchaser or lessee must satisfy themselves independently as to the incidence of VAT in respect of any transaction. VIEWING / FURTHER INFORMATION Strictly through the joint letting agents:John Conroy Direct Dial: 0141 270 3176
[email protected] Richard Ford Tel: 0141 225 5710
[email protected] Date of Revision: August 2015
Ryden is a limited liability partnership registered in Scotland. Messrs Ryden for themselves and for vendors or lessors of t his property whose agents they are given notice that: (i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, an d do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupati on, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but m ust satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Messrs Ryden has any authority to make or give any representation or warranty whatever in relation to this property.
Edinburgh 0131 225 6612
Glasgow 0141 204 3838
Aberdeen 01224 588866
Leeds 0113 243 6777
Dundee 01382 227900
Inverness 01463 717202