David Allison & Company is a commercial property consultancy based in Glasgow, Central Scotland. We are a comprehensive surveying and valuation practice providing commercial property solutions for large Plc’s, small private companies, individuals, pension providers, property companies and many more who all work with us and come back to us as they like, trust and value the significant contribution we make to their business or to them personally.

 

38 London Road

£20,000 per annum

Glasgow, G1 5NB

Details

  • £20,000 per annum
  • Retail , Offices
  • Size: 2,864 sq ft.
  • Date Available: Immediately

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TO LET (as a whole or may sub-divide) – LARGE RETAIL / OFFICE UNIT

  • Deceptively large retail/office unit
  • Double fronted shop/office
  • Total Net Internal Floor Area:  266.19 sq m (2,864 sq ft)
  • Possible split/division into two smaller units (front and rear)
  • Recently refurbished following tenant end of lease
  • Rental:  Offers in the region of £20,000 per annum are invited

LOCATION

The subjects occupy a prominent and convenient location on the south side of London Road between its junction with High Street at Glasgow Cross and James Morrison Street on the edge of the City Centre and Merchant City area.

The street plan opposite shows the approximate location of the subjects for information purposes only.

The surrounding area is continually improving with a large number of residential and retail developments in the vicinity.  The much admired St Andrews Square development is also located closeby.

GENERAL DESCRIPTION

The subjects comprise a deceptively large double fronted retail/office unit, within a fully refurbished four storey tenement building, extending into a rear single storey building.

Internally the subjects provide separate male and female toilets and kitchen/staff canteen area.

It may be possible to create two separate units by sub-division providing a standard double tenement shop to the front with a rear area suitable for workshop/storage.

ACCOMMODATION

We calculate the net internal floor area in accordance with the RICS Code of Measuring Practice (6th Edition) to be approximately as follows:-

266.19 sq m              (2,864 sq ft)

RATING ASSESSMENT

The subjects are currently shown in the Valuation Roll as follows:-

Rateable Value:                £18,700

RENTAL/LEASE TERMS

We are instructed to seek offers to lease in the region of £20,000 per annum for the entire property on a negotiable length of lease on standard full repairing and insuring terms.

VAT

We are advised that VAT is not payable on the rent.

EPC

The properties have been assessed for energy performance and currently have a ‘G’ rating.

LEGAL COSTS

Each party will be responsible for payment of their own legal costs to be incurred in any transaction.

Agent(s) for this listing

Barbara Wiles

Senior Property Manager
Office: 0141 375 1555
Fax: 0141 375 1666
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David Allison

Director
Office: 0141 375 1555
Fax: 0141 375 1666
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