457 Sauchiehall Street, Glasgow, G2
- SIZE AVAILABLE
5,189 sq ft
482 sq m
- SECTOR
Pub to lease
- USE CLASSUse class orders: A3 Restaurants and Cafes and A4 Drinking Establishments
A3, A4
Lease details
- Lease available date:
- Ask agent
- Furnish type:
- Furnished
Key features
- Fully fitted licensed premises.
- Large floor area (428.07 sq. m./5,189 sq. ft.).
- Situated in popular licensed circuit.
- Excellent opportunity to develop a bar, restaurant or venue
- NIL PREMIUM
- Rental Offers Over £75,000 per annum.
Description
The premises are arranged over the ground floor of a multi-storey modern building. The premises benefit from a high, full glazed frontage onto Sauchiehall Street, with a central access door leading into the main trading areas. The extensive frontage provides excellent natural light internally.
Internally, the premises are fitted with a large open bar area to the front and significant service accommodation to the rear. We would estimate that the premises extend to a gross internal area over the ground floor of 482.07 sq. m. (5,189 sq. ft.)
ACCOMMODATION SPECIFICS
Internally, the accommodation is as follows:
Access
The premises are accessed directly from the front, off Sauchiehall Street.
Main Bar
The main bar provides a large trading area. There are attractive seating areas situated to the front, immediately adjacent to the frontage. There is a games area and raised seating area to either side of the central bar. To the rear is a bar servery. We would estimate seating for approximately 125 persons.
Service Areas
Services areas include ladies, gents and accessible toilets, a large fully fitted commercial kitchen, extensive stores and cellarage. In addition, there is roller shutter access for deliveries to the rear lane and basement parking for staff by separate arrangement.
RATEABLE VALUE
The premises have a Rateable Value of £48,000, effective from 1st April 2023. A new tenant will have the right to appeal the Rateable Value.
SERVICES
We understand that the property is connected to all mains services, including water, electricity, gas and drainage.
PREMISES LICENCE
There is a premises licence in place. A copy of the premise licence will be provided to seriously interested parties.
THE OPPORTUNITY
The hall provides a large trading public house, situated within a popular licensed circuit. The premises would be ideal to continue as a public house or, alternatively, could be adapted to a café bar, providing more food offer, a restaurant or, indeed, a venue business. The premises are in good condition throughout, and an incoming tenant will benefit from the full fit-out, at a NIL PREMIUM.
The premises were previously operated by Stonegate Pub Company. No trading information is available, given that the premises were previously leased out.
RENTAL OFFERS AND THE LEASE
The premises have been made available on the market for lease, at Rental Offers Over £75,000 per annum. There is a NIL PREMIIUM payment.
The anticipated lease terms will be for a period of 10-15 years, with rent reviews at 5 yearly intervals. These terms are flexible and subject to negotiation. The lease will be on a standard institutional tenants full repairing and insuring basis, which will not be unduly onerous on either the landlord or the tenant.
EPC
The property has an EPC rating of E.
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 conduce due diligence on property purchasers. Once an offer has been accepted, the prospective purchaser(s) will need to provide, as a minimum, proof of identity and residence.
Brochures
457 Sauchiehall Street, Glasgow, G2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Charing Cross (Glasgow) Station0.1 miles
- Cowcaddens Station0.4 miles
- St. George's Cross Station0.4 miles
Notes
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