145-147
ARGYLE STREET
GLASGOW
G2 8DZ
PRIME SHOP LEASE FOR ASSIGNMENT
Location
The property is situated on the South side of Argyle Street adjacent to Wallis and Evans close to JJB Sports, Oasis, Faith Shoes, Footlocker, Gap and the entrance to the St Enoch Shopping Centre.
Accommodation
Arranged over ground floor and basement as follows: -
| Gross Frontage | 28'3" |
| Net Frontage | 27'7" |
| Internal Width | 28'1" |
| Ground Floor Sales | 1,416 sq ft |
| Basement | 339 sq ft |
Lease
The subjects are held by way of an effectively full repairing and insuring lease expiring 19th November 2016 at a rental of £205,000 per annum exclusive, subject to rent reviews February 2008 and 2013.
Incentives available
A financial package is available to an assignee subject to covenant status. Up to £200,000 reverse premium available.
Rates
Rateable Value £184,000 UBR (Scotland) 2007/08 0.462
Rate Payable 2007/08 £ 81,696
Interested parties are recommended to make their own enquiries with the Rating Department of Glasgow City Council, Tel: 0141 287 2000.
Legal Costs
Each party to be responsible for payment of their own legal costs incurred.
Viewing
Strictly by prior appointment through joint agents through vendors' sole agents David Menzies Associates or CWM or Charles Palmer Property.
The above information is believed to be correct but is intended for guidance only and its accuracy is not guaranteed. It does not constitute an offer and must not be relied on as representation of facts or as otherwise forming the basis of a contract. The vendors or lessors do not, and neither David Menzies nor their employees have any authority to make or give any representation or warranty in relation to the property