Payne Street, Glasgow, G4

Location:

The premises are located on the southside of Payne Street,
within the Port Dundas area of Glasgow. The property is
located very close to J16 and J18 of the M8, providing
immediate access to the Scottish Motorway Network. The
offices overlook the Forth & Clyde Canal to the north and the
M8 and Glasgow city centre to the south.

Port Dundas is an established business / industrial location
and is only 0.5 miles from the city centre. The premises are
therefore well placed for walking to Glasgow Queen Street
and Central Train Stations, Buchanan Street Subway Station
and Buchanan Bus Station. Access to the motorway is from
Craighall Rd (A879). There is designated car parking within the
complex.

Surrounding occupiers include olfson Brands, Freyssinet,
Rocco Espresso, Push Print, ISS, Pinkston Water Sports
Centre, Wolseley and Russell Transport.
Closeby there are two major regeneration projects underway,
the former Diagio site at Dundas Hill and Sighthill, comprising
residential, student housing, retail, commercial and community
space.

Description:

The premises form part of a larger complex located on Payne
Street and Townsend Street and comprising a mix of office,
warehouse and workshop accommodation with on site car
parking.

The offices are accessed from the Western elevation of the
complex front Craighall Road and have excellent views across
the city centre and beyond. The premises benefit from a
modern refurbishment and are arranged to provide a reception
entrance with male and female toilets located off the reception,
a board room, a tea prep presented as a coffee bar, a large
open plan office with break out space and a further board
room. The premises have gas central heating.

Floor Area / Parking:

245.66 sq m (2,643 sq ft)

The office comes with 7 car spaces within the rear car park.

Rent / Terms:

£24,000 per annum exclusive of VAT.
The premises are available by way of a new Full Repairing &
Insuring lease for a period to be agreed.

Business Rates:

RV £16,600
Payable c. £6,751

Properties with Rateable Value between £15,001 and £20,000
receive rates relief of between 0-25% on a sliding scale. For
further information please contact the Director of Finance at
Glasgow City Council.

Service Charge:

A modest service charge is applicable for the provision of
common services within the complex.

Energy Performance Certificate:

A copy of the EPC can be provided upon request.

VAT:

All prices, rents, premiums etc. are quoted exclusive of VAT.
Interested parties must satisfy themselves as to the instance of
VAT in respect of any transaction.

Date of Entry:

By arrangement.

Anti Money Laundering Regulations:

The Money Laundering, Terrorist Financing and Transfer of
Funds (Information on the Payer) Regulations 2017 came into
force on the 26th June 2017. This now requires us to conduct
due diligence not only on our client but also on any purchasers
or occupiers. Once an offer has been accepted, the
prospective purchaser(s)/occupier(s) will need to provide, as a
minimum, proof of identity and residence and proof of funds for
the purchase, before the transaction can proceed.