Britton Property.
Now Let
96-98 Hope Street, Glasgow G2 6PH
Prime Restaurant Unit
Rent: Offers over £85,000 per annum
GIA: Ground 2,162 sq ft / Basement 1,438 sqft
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 occupy a prominent location on Hope Street in the heart of the city centre and is situated in close proximity to Gordon Street and Central Station. The premises also benefit from excellent visibility down Hope Street and along Bothwell Street.
Nearby occupiers include Mezcal, Temaki, Tesco, Sainsburys, 63rd + 1st, Grand Central Hotel and Caffe Nero.
The premises comprise a double fronted restaurant premises arranged over ground and basement floors within a 4 storey red sandstone building.
The premises extend to the following approximate areas:
Ground Floor: 2,162 sq ft / 200.85 sqm
Basement: 1,438 sq ft / 133.59 sqm
Offers over £85,000 per annum
The subjects are available on a new FRI lease.
On application
Rateable Value: £110,000
UBR (2020/21): £0.524
Rates Payable: £57,640 pa
We have been verbally advised by the Local Planning Authority that the subjects currently benefit from Class 1A consent and can therefore be used for retail use. Interested parties are advised to speak directly to the Local Planning Authority.
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.