Property Information
Address:
170-174 Great Western Road, Glasgow
, G4 9AE
Price: Property no longer available.
Size: 1439 sq ft133 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH356381
Property Ref/Agent: 170-174 Great Western Road, Glasgow, G4 9AE
*Please use the agent ref when calling the agent directly.
Property description
Location
Glasgow is Scotland's largest City, with the subjects being located on the A82 Great Western Road in the densely populated St George's Cross area of the City. Nearby tenants include Harvey & Thompson pawnbrokers, Keytime Connect mobile phones, AGA, Archers Bed Centres, Lloyds Pharmacy, Olympian Pine, Sevenoaks HiFi, Feather & Black and Clive Christian Kitchens.
Description
The unit comprises a lower ground floor shop contained within a traditional sandstone tenement building.
Accommodation
Ground Floor 133.7 sq m 1,439 sq ft
Lease
The property is held on a FRI lease (subject to a Schedule of Condition) until 19th November 2023 at a passing rent of?15,000 per annum. There is a tenant's only option to break at 19th November 2015, whilst rent reviews are at 19th November 2013 and 5 yearly thereafter.
Terms
A rent free period is available to an incoming assignee or sub-tenant, subject to status.
Rateable Value
The property is listed at www.saa.gov.uk at a proposed Rateable Value for the 2010 Roll of?7,700. The rates poundage for 2010/11 is 0.407p, producing a rates payable of?3,140 in the 2010/11 tax year, exclusive of any reliefs available.
Given the impending revaluation due at April 2010, interested parties are advised to check these figures directly with the Local Authority. Incoming tenants have a statutory right of appeal.
Legal Costs
Each party will be responsible for their own legal costs. However, the ingoing tenant will be responsible for any registration fees and Stamp Duty Land Tax applicable, together with any VAT payable.
VAT
For the avoidance of doubt, all rents are quoted exclusive of VAT at the prevailing rate. Prospective tenants must satisfy themselves independently as to the incidence of VAT in respect of this transaction.
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