Extensive Former Public House Premises
The subjects provide a former public house which has been stripped back to developers shell specification, and comprise a relatively open plan layout. At handover, the subjects will have capped supplies of all services. The current layout of the subjects lend well to a subdivision to create three separate units, each with prominent access from Bothwell Street. There is additional scope to extend into space at the rear of the building, beyond the existing office atrium. Rent Quoting rental available on application. Terms Proposals are invited for a new long term lease, incorporating 5 yearly rent reviews. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £117,000.00 and the rates payable are £57,564.00 pa. The UBR for 2017/2018 is 49.20p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes Any new occupier will have an automatic right to appeal this assessment. In the event of subdivision, the Rateable Values will require to be reassessed.Less
Glasgow is Scotland's largest city with an estimated population of 660,000 people and an estimated catchment population of in excess of 2,000,000. The subjects enjoy a highly prominent corner position on the south side of Bothwell Street. Bothwell Street at this juncture is the main road route in to the city centre from the eastbound M8 motorway and as such benefits from a very high level of passing traffic. The situation within the heart of the International Financial Services District leads to a consistently high level of pedestrian traffic and the premise benefit from their position adjacent to a high number of Glasgow's Grade A office stock and as a consequence there is a significant immediate catchment of office workers. Glasgow Central mainline rail station is within short walking distance to the east, accessed via Bothwell Street whilst access to the westbound M8 motorway is one block to the south on Waterloo Street.