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Office to rent

Suite 2, 19 Waterloo Street, Glasgow, G2

Let Agreed £11,600 pa (£967 pcm)
1,105 sq. ft.

Property Description

Commercial information

  • 1,105 sq ft (102 sq m)

Key features

  • Central Glasgow Location
  • 1 Minute Walk to Glasgow Central Station
  • Fully Refurbished

Full description

The property is situated adjacent to Central Station in the prime office core. Adjoining occupiers include Clydesdale Bank, SSE's headquarters and Clydesdale Bank. Waterloo Street provides direct access to the M8 motorway. There are a number of car parks within close proximity.
There are numerous restaurants, coffee shops and retail units adjacent to the property.

The suites have been refurbished to provide attractive front facing suites providing a mix of rooms. Generally the suites are finished with new carpets, plaster and painted walls and ceilings with new LED lighting. Each suite has its own kitchen area.

Suite 1 1,054 sq ft 97.91 sq m
Suite 2 1,105 sq ft 102.69 sq m
Suite 3 677 sq ft 62.91 sq m

Our client is seeking to lease the suites on new Full Repairing and Insuring leases for a term to be agreed. Alternatively our client may consider a sale of their feuhold interest in the property.

The suites are available on the following rentals:
Suite 1 11,000 per annum
Suite 2 11,600 per annum
Suite 3 8,000 per annum
The rental will be payable quarterly in advance exclusive of VAT.

The suites are available at the following prices:
Suite 1 130,000
Suite 2 135,000
Suite 3 90,000

The property has not been registered for VAT therefore VAT will not be payable on the rental.

The suites have been altered and will require to be reassessed. The suites should however qualify for Small Business Relief as they should fall below the threshold of 10,000. Interested parties should contact the Assessors Department.

The ingoing tenant will be liable for an equitable share of the common repairs and insurance premium.

The property has an EPC rating of E/F.

Each party will bear their own legal costs with the ingoing tenant responsible for registration dues and LBTT.

More information from this agent

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