Glasgow, G42 9BD
Details
- £11,500 per annum
- Retail , Business
- Size: 410 sq ft.
- Date Available: Immediately
REFURBISHED OFFICE SUITE
RETAIL UNIT
- Prominent single fronted shop unit
- Ground floor 38.18 sqm (410 sq ft)
- Basement floor 46.06 sqm (495 sq ft)
- Frontage to busy Clarkston Road
- Close to Hampden Park Stadium
- Full refurbishment proposed
- Offers to lease in excess of £11,500 per annum (after refurb)
DESCRIPTION
The subjects comprise a single fronted shop over ground and basement floors within a four-storey red sandstone tenement building.
Our client is proposing to carry out a full refurbishment/modernisation of the shop including the installation of a new shop front.
LOCATION
The subjects occupy a prominent and busy trading location in the Mount Florida area in the south side of the city close to Hampden Park National Football Stadium.
The location is well served by public transport with regular bus services on Cathcart Road with Mount Florida Railway Station nearby.
The street plan opposite shows the approximate location of the subjects, for information purposes only.
ACCOMMODATION & FLOOR AREA
The ground floor comprises a front retail area with small back shop and toilet with WC and wash-hand basin.
The basement floor which is accessed from a floor hatch and open tread timber staircase offers good storage accommodation.
We calculate the Net Internal Floor Area in accordance with the RICS Code of Measuring Practice 6th Edition) to be approximately:-
- Ground floor 38.18 sq m (410 sq ft)
- Basement floor 46.06 sq m (495 sq ft)
RATING ASSESSMENT
The subjects are currently entered in the Valuation Roll with a Rateable Value of £6,200.
At this level of value any incoming tenant may qualify for 100% rates relief under the Small Business Bonus Relief Scheme – enquiries and application to the Local Authority.
RENTAL/LEASE TERMS
Offers to lease in excess of £11,500 per annum are invited based on completion of the proposed refurbishment for a full repairing and insuring basis for term to be agreed.
VAT
Unless otherwise stated, all prices, premiums and rentals are quoted exclusive of VAT.
LEGAL COSTS
Each party will be responsible for payment of their own legal costs to be incurred in any transaction.
EPC
The properties have been assessed for energy performance and currently have a ‘C’ rating.
ANTI-MONEY LAUNDERING
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 confirmed and requested at the relevant time.
Related
