35 Argyle Street
Glasgow G2 8BH
Rare Opportunity - Glasgow City Centre
100% Prime Retail Unit To Let
The city of Glasgow has a population of around 650,000 people and is estimated to have a wider catchment of approximately 2.5 million people. Argyle Street is one of the main shopping streets in the city centre.
The subject retail block is located immediately to the east of St Enoch Shopping Centre and occupies a prominent position directly opposite Marks & Spencer. The property is situated in the prime pedestrianised section, close to its junction with Stockwell Street, one of the main arterial bus routes serving the city centre. Argyle Street “low level” train station is also located immediately adjacent to the property. Nearby retailers include HMV, H&M, TK Maxx, River Island, Primark, JD Sports, Caffe Nero, Sainsbury’s and Tesco.
The property benefits from multi-level trading, which can be used to suit specific occupier’s needs. The subjects benefit from a large glazed frontage which extends the width of the property at upper floor level. The premises have the added advantage of a functioning escalator which leads up to the first floor, which also contains additional storage space.
The premises are arranged over ground and first floor levels and comprise the following approximate net internal areas:
Ground Floor (Sales): 1,995 sq ft / 185.34 m
First Floor (Sales): 5,265 sq ft / 489.14 sqm
Total: 7,260 sq ft / 674.48 sqm
The premises are available on a new full repairing and insuring lease.
Offers in excess of £125,000 pa are sought.
Rateable Value: £89,500
UBR (2023/24): £0.511
Rates Payable: £45,735 pa
The premises benefit from having Class 1A consent. Suitable for a variety of uses including Class 3. 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.
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.
TO LET
35 Argyle Street
Glasgow G2 8BH
Andy Bain
T. 0131 374 1117
M. 07770 524 977
E. abain@orinsen.com
Anna Hansen
T. 0131 374 1114
M. 07717 411 668
E. ahansen@orinsen.com
Important Notice
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.
Published 30.09.20
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