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Bell Street, Glasgow, G1

Offers Invited

CDLH Leisure & Hospitality Surveyors, Glasgow
SIZE AVAILABLE

807-3,767 sq ft

75-350 sq m

SECTOR

Restaurant to lease

USE CLASSUse class orders: A3 Restaurants and Cafes and A4 Drinking Establishments

A3, A4

Lease details

Lease available date:
Ask agent
Lease type:
Not Specified

Key features

  • Fantastic location in the heart of the Merchant City.
  • Significant new development in the immediate area, including the Candleriggs Quarter Development (part-completed).
  • A total of 13 licensed uinits, with dedicated external courtyards, providing a fantastic collective licensed environment.
  • Sites range from 75 sq. m. to 350 sq. m.
  • Part of a circa 10,500 sq. m. office re-development.
  • Creation of the new Tontine Lane licensed sector within Merchant City.
  • Total ground floor are of 1,521 sq. m. and basement of 620 sq. m.
  • Excellent opportunity for operators to lease units in new and exciting licensed circuit.
  • For the rates per sq. m., please contact our office on or email us at .

Description

TONTINE HOUSE & TONTINE LANE

Tontine House is a landmark building, situated in the Merchant City at Townhead.

Our client has purchased the entire Tontine House and will create 10,500 sq. m. of redeveloped offices on the upper floors.

A significant proportion of the ground floor and basement areas has been designated for licensed use, which will benefit from its own access from Tontine Lane. The scale of the licensed element across approximately 13 units will provide a brand-new licensed circuit serving the city centre. The licensed circuit will include integrated courtyard areas, creating a fantastic integrated indoor/outdoor venue.

This is an excellent opportunity for operators to be part of a new and exciting licensed location.

The immediate surrounding area has seen considerable redevelopment with a variety of developments as follows:

SURROUNDING DEVELOPMENTS:

CANDLERIGGS QUARTER

The new Candlerigg's Quarter is situated less than 1 minutes' walk from Tontine House. It is the UK's largest city centre development outside of London, providing a new £300 million development. Construction of the 215,000 square feet, 500-bed Student Hotel will complete in late 2023, whilst a 346-apartment Build-to-Rent scheme will complete in 2024.

NEW BTR UNITS

Get Living has secured planning consent for Scotland's largest BTR scheme - 727 units behind High Street Station, located 500 metres from Tontine House.

COLLEGELANDS DEVELOPMENT

Collegelands is part of a £200 million development project. The development comprises 588 student study bedrooms. The development is situated very close to Tontine House.

UNIVERSITY OF STRATHCLYDE, THE TECHNOLOGY AND INNOVATION CENTRE

The 25,000 m2 (270,000 sq. ft.) space accommodates 1,200 workers and was constructed around 2015/2016. The building includes open-plan office spaces, three lecture theatres and areas for specialist laboratory equipment.

In addition to the Technology and Innovation Centre, a 5,000 m2 (54,000 sq. ft.) Industry Engagement Building, located nearby, accommodates 500 workers. The research carried out at the centre by 850 researchers is focused on engineering, science, bio-nanotechnology, business, energy, health, technology and asset management.

TERMS

Our client is keen to work together with licensed operators. Landlord works will be provided to create the external areas and provide the licensed units to an agreed quality shell with all services led in, including kitchen extractions. The rates per sq. m. are negotiable depending on incoming tenants plans.

ANTI MONEY LAUNDERING

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.

Brochures

Bell Street, Glasgow, G1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • High Street (Glasgow) Station0.2 miles
  • Argyle Street Station0.3 miles
  • St. Enoch Station0.4 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference TontineLaneLicensedCircuit. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CDLH Leisure & Hospitality Surveyors, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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