Prominent Standalone Unit
The premises comprise a former bank branch arranged over ground and first floors. Internally, at ground floor level, the premises comprise a banking hall and customer area to the front with staff toilets, tea preparation area and private offices to the rear. The first floor provides two separate office suites of similar specification to the ground floor, both of which are subject to sub-tenancies. The premises extend to the following approximate net internal areas: Ground Floor 1,583 sq ft 147 sq m First Floor 1,682 sq ft 156 sq m Tenure The property is held on a long lease due for expiry in November 2097. Rent reviews are 5 yearly. Premium offers are invited for our client's leasehold interest on the basis of assignation. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the premises is summarised as follows:- Ground Floor - £39,000 First Floor Suite A - £4,000 First Floor Suite B/C - £9,000 The UBR for 2017/2018 is 49.2p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes.Less
Newton Mearns is a popular affluent suburban town, located some 7 miles to the south of Glasgow City Centre within East Renfrewshire. The town has a resident population of approximately 23,000. The subject premises comprise a prominent position overlooking Ayr Road (A7370), the main arterial route through the town, linking to Glasgow City Centre to the north and the M77 motorway a short distance to the south. The Avenue Shopping Centre sits immediately to the rear of the subject property and provides the principal retail and leisure offering in the vicinity. The scheme is anchored by Asda and Marks and Spencer. Occupiers adjacent to the subject premises include Bank of Scotland and Newton Mearns Parish Church.