The subjects comprise a new build commercial unit occupying the ground floor of a 536 room student accommodation development of steel framed construction with facing brick.
The dominant frontage to the premises faces onto Kennedy Street but main pedestrian access is via North Wallace Street.
Internally, the subjects are presented to shell specification with walls being finished in exposed blockwork whilst the floor is screed on concrete.
Prospective tenants will require to budget for a full programme of works to complete internal fit-out and decorate accordingly. The unit is serviced by mains gas, electricity, water and waste drainage.
We calculate the property has a Gross Internal floor area: 256.97sq.m (2,766sq.ft.) It may be possible to sub-divide to provide units from approximately 110sq.m (1,184sq.ft.)
On practical occupation, the subjects will require to be assessed for Rating purposes. We cannot provide budget figures, however, parties wishing some further clarity in this respect are advised to contact the Scottish Assessors Department direct on .
Full repairing and insuring lease is available for a period not less than 10 years. Rental offers in excess of £33,000 per annum are invited.
The premises have planning permission for commercial use, falling under Class 1 (Retail) of the Town and Country Planning (Use Classes) (Scotland) Order 1997. Alternative uses may be given consideration, however parties will require to obtain the necessary planning consent for their desired use. VAT All prices quoted are exclusive of VAT, where applicable.
Entry is available upon completion of legal formalities.
Each party to be responsible for their own legal costs incurred during
LocationThe subjects occupy a convenient location at the junction of Kennedy Street and North Wallace Street within the Townhead area of Glasgow.
The property is a short distance north of Glasgow City Centre and is within walking distance of Buchanan bus station, Queen Street railway station and Buchanan Galleries shopping centre. Cowcaddens and Buchanan Street underground subway stations are also located nearby.
In addition, the site has close and convenient access to the M8 motorway at Junctions 16 & 17 to travel both east and west from the city.
The surrounding area comprises a mix of housing, student accommodation and commercial properties, the latter including Tiso Outdoor Experience, Dale Cycles, Skoda and bmw showrooms. More notably, the unit benefits from close proximity to Strathclyde University, Glasgow Caledonian University and City of Glasgow College.