Glasgow
G1 3RB
Retail Unit to Let
Union Street is one of Glasgow’s main arterial routes and represents an established mixed use area. Union Street is a major public transport hub with multiple bus stops and direct access into Glasgow Central Train Station in walking distance of Buchanan street which represents Scotland’s prime shopping location. The subjects are located in a prominent position near the East exit of Glasgow Central Station. The subject is also located adjacent to the Argyll Arcade known widely as the diamond jewellery centre of the North. Nearby occupiers include Caffé Nero, CeX, Waterstones, Tim Hortons and KFC.
The property is arranged over basement level only, comprising the following approximate net internal area:
Basement: 1,200 sq ft / 111.5 sqm
The premises are available on a new Full Repairing and Insuring Lease.
Offers invited.
According to the Scottish Assessors Association website and based on the next revaluation in Scotland due to take effect from 1 April 2023, the unit has a proposed rateable value of £11,400. The premises may qualify for 100% Business Rates Relief (no rates payable) under the Small Business Bonus Scheme. Each interested party should satisfy themselves on the rates relief with the appropriate authority.
The premises benefit from having Class 1A 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.
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 / MAY SELL
Glasgow
G1 3RB
Tom Forster
T. 0131 374 1115
M. 07919 920 126
E. tforster@orinsen.com
Charlotte Young
T. 0131 374 1118
M. 07825 167 883
E. cyoung@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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