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Description : 03 Mar, 2023
This end terrace property has a traditional shop frontage in place, which incorporates casement windows and a centrally positioned doorway, all of which is protected by metal security shuttering.
Internally the prises an L-plan configured sales area, with a store room at the front of the area and a staff toilet towards the rear of the property. The shop was previously used as a Vegan Café under Class 1 usage.
Total shop unit measures 48.2 sq m (519 sq. ft)
We are advised by the local Assessors Department that the subjects are currently entered in the 2017 Valuation Roll with a rateable value of £4,700. Small businesses currently benefit from 100% rates relief from the Scottish Government so no rates would be payable.
The premises are available on a new full repairing and insuring lease. The premises are not currently VAT registered.
Rent of £8,000 per annum, (£2,000 per quarter), exclusive of VAT, payable quarterly in advance. Incentives available.
Service charges are approximately £450 and insurance £700 per annum.
Each party will be responsible for their own legal costs. The ingoing tenant will be responsible for any Land and Building Transaction Tax and any VAT incurred thereon.
We understand the premises currently benefits from Class 1 retail. Interested parties are advised to make their own enquiries directly with the local Planning Department.
All figures on these terms are exclusive of VAT where chargeable.
Glasgow is Scotland's largest city with a population of around 600,000 and an estimated shopping catchment in excess of 2 million. The subject property is situated on the east side of Bellgrove Street, to the immediate south of its interconnection with Duke Street, within the Dennistoun district of Glasgow. Dennistoun lies approximately 2 miles to the east of Glasgow City Centre, and Duke Street is a busy traffic thoroughfare. The surrounding area is densely populated, typically characterized by traditional tenement style buildings which have residential flats to the upper floors munity retailing at street level.
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