Britton Property.
Lease for Sale
Licenced Venue – 142 Renfield Street, Glasgow G2 3AU
Prime Licenced unit in Glasgow City Centre
Benefits from Bar & Nightclub Licence – 11am-3am
Fully Fitted Premises
Extends to 8,614 sqft at Basement Level
Viewing strictly by appointment with BRITTON PROPERTY
Andrew Britton
T. 07990 505 421
E. andrew@brittonproperty.co.uk
Glasgow is Scotland’s largest city with a population of approximately 660,000 and an estimated shopping catchment of 2 million.
The premises is located on the east side of Renfield Street to the north of Renfrew Street and lies in close proximity to the pedestrianised Sauchiehall Street and close to the new Omniplex Cinema (former Cineworld) Walkabout Bar, Pavillion Theatre. Maldron Hotel, Tesco Bank HQ and Citizen M.
The surrounding area has also seen significant development in the student accommodation and aparthotel market with a number of new developments either completed or under construction in the near vicinity.
The premises comprise a basement bar, live music venue and nightclub accessed via an entrance door located on Renfield Street. There is also a secondary entrance on Renfrew Court.
The premises forms part of a larger building comprising of a 7 storey red sandstone building. Internally the premises comprise 2 separate bar areas. Within the main bar area there is a stage and pool table area. There is also a kitchen, WC facilities and staff areas within the premises.
The premises extend to the following approximate areas:
Basement - 8,614 sqft / 800.28 sqm
The premises are held on a Full Repairing and Insuring lease until 7th January 2028. The current passing rent is £26,000pa.
There is an agreement in principle with the Landlord to extend the lease for a further 10 years with 3 x 5 yearly options to extend the lease. The rent from January 28 would be £28,000pa.
The Flying Duck has been at the heart of Glasgow's underground music scene since opening in 2007. It's gone through several renovations since then but always remained relevant to Glasgow's vibrant night time scene.
In the last two years it has settled as a cool live venue and club with an adjoining speakeasy vibe bar that doubles as an intimate venue. The setup could easily suit a wider range of musical styles than the current set up or alternatively could lend itself to further leisure uses.
The premises trades as ‘The Flying Duck’ and is fully fitted with a late-night licence from 11am to 3am Mon-Sat with Sunday being 12.30pm to 3am. There is a 350 persons capacity.
On application
Rateable Value: £24,000
UBR (2025/26): £0.481
Rates Payable: £11,544 pa
On application.
Each party to be responsible for their own legal and professional costs incurred in this transaction. For the avoidance of doubt the ingoing tenant will be responsible for Land & Buildings Transaction Tax (LBTT), registration dues and any VAT payable thereon.
Britton Property is a niche, independent retail and leisure consultancy, providing professional and bespoke advice to clients.