0 Bed Shop To Rent

Location



The property occupies an excellent location on the west side

Hope Street, bounded by Waterloo Street to the north and

Argyle Street to the south, directly opposite Glasgow Central

train station in the heart of the city centre.



The subjects are prominently located between the Grade A

office building at Sixty7 Hope Street, where Pure Gym occupy

3 floors, the Artto Hotel and Bombay Blues Restaurant.



Notable occupiers closeby include the renowned La Lanterna

Restaurant, Webhelp UK, SSE, Nando's, Caffé Nero, Radisson

Blu, Motel One and the new Yotel (opened in 2021) home to

Vega, a new rooftop themed bar / restaurant.



The premises are a short walk from Glasgow's premier

retailing thoroughfare of Buchanan Street and Argyle Street

whilst closeby there are many bars, restaurants and coffee

shops located in the heart of Glasgow's International Financial

Services District (IFSD) which benefit from a substantial

daytime and evening working and residential population.



The local landscape is dramatically changing, nearby on

Argyle Street will be the new offices of JP Morgan with some

2,700 employees. Also nearby there is a completed 300,000

sq ft development for HMRC with some 2,500 employees

expected to be based there.



The property is well located for access to Glasgow's main

public transport hubs namely Glasgow Central and Queen

Street train stations and St Enoch Subway Station with many

regular bus services operating directly on Hope Street.



Multi-storey car parks and on-street parking are close at hand.



Description



The property is arranged over ground and basement floors,

benefiting from a fully glazed frontage onto Hope Street.

The property is in shell condition internally and has an existing

consent in place for a flue at the rear of the property. Stairs

at the rear connect the floors with toilets located within the

basement.



Accommodation



We calculate the Net Internal Areas to be as follows:



Ground Floor: 865 sq ft

Basement Floor: 1,573 sq ft

TOTAL: 2,438 sq ft



Rent / Terms



Offers over £35,000 per annum exclusive of VAT.



The premises are available on a new long term Full Repairing

and Insuring lease.



Business Rates



RV: £21,750

Payable: c. £10,660



Planning / Use



Planning Applicaton 16/02383/DC granted consent for use as

a licensed restaurant (Class 3) with hot food takeaway (Sui

Generis). Planning Application 17/00409/DC granted consent

for use as a public house and entertainment venue (Sui

Generis) and frontage alterations. These consents have now

lapsed so would require renewal. We would direct any further

enquiries on the planning consents to Glasgow City Council's

Planning Department.



VAT



All prices, rents, premiums etc. are quoted exclusive of VAT.

Interested parties must satisfy themselves as to the instance of

VAT in respect of any transaction.



Energy Performance Certificate



Available upon request.



Legal Costs



Each party to bear their own legal costs and outlays including

VAT incurred.



Anti Money Laundering Regulations

The Money Laundering, Terrorist Financing and Transfer of

Funds (Information on the Payer) Regulations 2017 came into

force on the 26th June 2017. This now requires us to conduct

due diligence not only on our client but also on any purchasers

or occupiers. Once an offer has been accepted, the

prospective purchaser(s)/occupier(s) will need to provide, as a

minimum, proof of identity and residence and proof of funds for

the purchase, before the transaction can proceed.