Sauchiehall Street is an arterial route that leads into Glasgow city centre from the West End. The premises sit on the street’s southern side between its junctions with Wellington Street and Hope Street. The surrounding area is a diverse mix of retail and leisure uses and is close to Marks & Spencer and the Savoy Centre. Nearby occupiers include Primark, Co-op Convenience Store, Waterstones, Flying Tiger, The Works and Black Sheep Coffee.
The premises are arranged over ground floor and first floor levels following approximate net internal areas:
Ground Floor: 1,185 sq ft / 110.11 sqm
First Floor (Storage): 1,199 sq ft / 111.42 sqm
Rental offers around £40,000 pa will be considered.
The premises are available by way of a new FRI lease.
Proposed Rateable Value: £38,250
UBR (2023): £0.498
Proposed Rates Payable: £19,049 pa
The above figures from the Scottish Assessors Association website are based on the next revaluation in Scotland due to take effect from 1 April 2023. Each interested party should satisfy themselves on business rates with the appropriate authority.
The premises benefit from having Class 1 consent and an EPC rating of D.
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.
In order to comply with anti-money laundering legislation, the successful purchaser/tenant will be required to provide certain identification documents. The required documents will be requested at the relevant time.
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.