Argyle Street, Glasgow, G3

Location

Finnieston is now the most fashionable part of Glasgow. Since
the development of the OVO Hydro concert venue which
attracts on average 1 million visitors per year, the area has
become enormously popular for restaurants and bars.
The subjects are located on the north side of Argyle Street
within the block bounded by Berkeley Street to the west and
Kent Road to the east. Located within a 10 min walk from the
city centre, the district is now home to a vibrant mix of bars,
restaurants, offices and dwellings. Significant residential
developments are planned locally.

Surrounding occupiers closeby include Usta and Meze Meze
Restaurants, Ten 3 Hair Design, The Dirty Duchess, Life
Four Cuts, M& R nails & Beauty, Finnieston Pizza Lab and
Lebowski's Bar. A Tesco Express and Lidl provide the focus
for food retailing in the area.

In addition to the Hydro, also within a close walk are the SEC,
University of Glasgow and Kelvingrove Park as well as the
world famous Kelvingrove Art Galleries. Transport connections
in Finnieston are excellent, with the M8 motorway and regular
bus services all close at hand. Exhibition Centre railway station
is within a few minutes' walk and directly connects to Glasgow
Central Station.

Description

The property comprise a ground floor shop units within a 4
storey blonde sandstone tenement. The premises benefit from
a good size timber framed display window taking advantage
of excellent floor to ceiling height of 3.5m. The floor to ceiling
height is 3.5m rising to 4m to the original ceiling. Internally
the premises provide an open plan arrangement with a WC
to the rear. We anticipate an incoming tenant undertaking a
complete refit.

Floor Area

Net Internal Area: 328 sq ft (30.50 sq m)

Rent / Terms

Offers over £11,500 per annum. There is no VAT payable on
the rent.
The premises are available on a new Full Repairing and
Insuring lease.

Business Rates
RV £7,600
Payable c. £3,800

The premises qualify for 100% rates relief under the Small
Business Bonus Scheme, for further information please contact
the Director of Finance at Glasgow City Council.
Common Charges
The tenant shall meet an equitable share of the common /
factoring charges for the tenement together with a share of the
buildings insurance premium.

Legal Costs

Each party is responsible for their own legal costs and the
tenant shall be responsible for lease registration costs and land
tax as standard.

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.

Date of Entry

By arrangement.

Energy Performance Certificate

A copy can be provided upon request.

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.