<iframe src="//www.googletagmanager.com/ns.html?id=GTM-P9BVPZL" height="0" width="0" style="display:none;visibility:hidden" ></iframe> High Street Retail Property to Rent, 16-17 Southgate Mall, East Kilbride, G74 1LT - CBRE Commercial

Overview

RETAIL / OFFICE UNIT

The premises comprise a multiple windowed retail unit arranged over the ground floor only. There is a dedicated servicing area to the rear. The net internal areas are as follows: Ground Floor        2,884 sq ft      267.93 sq m Rent The passing rent is £177,810 per annum exclusive; however, our client would consider rental offers in the region of £80,000 per annum exclusive on a sublease. Further details on other occupational costs are available on request. Terms The premises are held on a lease expiring September 2021 with 5 yearly upward only rent reviews. Offers are invited on a sublease basis for a term to be agreed. Rates We are verbally informed by the local Assessor's department that the subjects are entered in the Valuation Roll as follows: Rateable Value £95,000 Commercial Rate Poundage 49.2p (exclusive of water and sewerage costs)
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Location Description

East Kilbride is a popular Scottish new town in South Lanarkshire that benefits from a resident population in excess of 75,000 people. The Shopping Centre forms the commercial Town Centre for the town. The premises are situated in a prominent location within Southgate Mall, within the central section of the shopping centre. Nearby occupiers include Monsoon, Thorntons, Boots Optician and Trespass.

Sizes and Measurements

Total Size

2,884sqft

Sales Area

2,884sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

2,884sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Rent Review Cycle

5

Lease type

New

For rent

Price On Application

UBR

51.6p

Rateable Value

£56,000.00

Business Rates

£28,896/pa

Specification

  • Central location in the scheme
  • Well configured unit
  • Class 2 planning consent

Floorplan

GOAD PDF

Photos

EAST KILBRIDE 191