Prime Retail Unit
Two Level Trading
Subject to Vacant Possession
Argyle Street is one of Glasgow’s major shopping thoroughfares and adjoins Buchanan Street, which represents Scotland’s prime shopping location. Argyle Street is the longest street in Glasgow with the subjects occupying a prominent and 100% prime position, close to its junction with Buchanan Street, the entrance to St Enoch Centre and Argyle Arcade. Nearby occupiers include HSBC, Footasylum, Cosmic Phones, Schuh, EE, Three, Nationwide Building Society, H&M and Superdry.
The premises are arranged over basement, ground and first floor levels, comprising the following approximate net internal areas:-
Ground Floor (Sales): 1,924 sq ft / 178.8 sqm
First Floor (Sales): 847 sq ft / 78.7 sqm
First Floor (Ancillary): 1,046 sq ft / 97.2 sqm
Basement: 1,618 sq ft / 150.3 sqm
The premises are available by way of a new FRI lease, subject to vacant possession.
Rateable Value: £210,000
UBR (2020/21): £0.524
Rates Payable: £110,040 pa
The premises benefit from having Class 1 consent. An EPC Report is available on request.
Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax
(LBTT), registration dues and any VAT payable thereon.
ORINSEN, their clients and any joint agents give notice that:
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It is assumed that the property has all necessary planning, building regulations or other consents and ORINSEN have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.Unless otherwise stated all prices and rents are quoted exclusive of VAT. Prospective purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.