Britton Property.
To Let
The Sauchiehall Building, 142 Bath Street, Glasgow
Restaurant / Bar / Leisure Opportunity
4,465 sq ft (414.8 sq m)
Viewing strictly by appointment with BRITTON PROPERTY
Andrew Britton
T. 07990 505 421
E. andrew@brittonproperty.co.uk
Access to the unit is on Bath Street, opposite Hampton by Hilton Hotel, ABode Hotel and in close proximity to a number of bars and restaurants. The immediate area is experiencing a significant transformation with a number of new developments currently under construction or awaiting planning. The former M&S store at 172 Sauchiehall Street, opposite The Sauchiehall Building, is to be redeveloped into a 619 bed student accommodation block, 225 Bath Street will comprise a new 527 unit student accommodation block and a 433 unit serviced apartment block named ‘Holland Park’ on Pitt Street is scheduled to complete Autumn 2024.
The available unit overlooks the pedestrianised section of Sauchiehall Street, in the prime pitch between Wellington Street and West Campbell Street, opposite Boots and the former M&S store which is to be redeveloped into a 619 bed student accommodation block.
The premises occupy an elevated, prominent corner position in the prime retail pitch on Sauchiehall Street where the annual footfall is 16 million per year. The location benefits from footfall day and night due to being in the heart of the city centre with excellent public transport connections nearby.
Offers over £75,000 per annum are sought.
The unit is available to let by way of a new Full Repairing and Insuring Lease for a term to be agreed.
Rateable Value £53,500
UBR (2023/2024) £0.545
Rates Payable £29,157
The tenant will be liable for a fair and equitable proportion of the common service charge.
On application.
Each party will be liable for its own legal expenses incurred in any transaction, with the tenant being liable for LBTT, registration dues and any VAT therein related to the lease.
Britton Property is a niche, independent retail and leisure consultancy, providing professional and bespoke advice to clients.