George Square, Glasgow, G2

Location:

Merchants House is located on George Square, arguably
Glasgow's most prestigious business address. The building
occupies a prominent corner position at the junction of George
Square and West George Street.

The location benefits from an abundance of retail and leisure
amenities close by on Buchanan Street and the surrounding
area. George Square has recently benefited from the opening
of a number of high profile restaurants adding to the locations
impressive leisure offering, including The Alchemist, Doppio
Malto, Fight Club and the new 245 bed AC Hotel by Marriott.

Surrounding occupiers include Rainbow Room International,
Glasgow Chamber of Commerce, TC Young Solicitors, Eia's
Greek Restaurant, Browns Restaurant & Brassiere, The
Millennium Hotel, Ernst & Young, Mercer, McLay Murray &
Spens.

The premises are ideally located for all public transport
facilities. The newly redeveloped Queen Street Train Station lies
opposite the property, Central Train Station is a short walk and
Buchanan Street Subway also lies close by.


Description:

Merchants House is a striking Grade A listed building
arranged over ground and five upper floors offering modern
accommodation within traditional surroundings.

The accommodation is accessed from George Square and
is positioned above street level offering excellent exposure
to George Square. The premises comprise a good sized
open plan office / showroom together with rooms to the front
overlooking George Square.

Rent / Terms:

Offers over £14,000 per annum.
The premises are available on a new Full Repairing and
Insuring lease for a term to be agreed.

Accommodation:

In accordance with the 7th Edition of the RICS Code of
Measuring Practice, we calculate the subjects to have the
following net internal area:

885 sq ft (82.25 sq m)

Service Charge:

The tenant will pay a share of the service charge for the
building. Further details about capped service charge are
available upon request.

Business Rates:

RV £12,500
UBR £0.48/£1 (2018/19)
Rates Payable £6,125

The premises are eligible for 25% rates relief under the Small
Business Bonus Scheme. Details for this allowance can be
obtained from the Director of Finance at Glasgow City Council.

Legal Costs:
Each party will be responsible for their own legal costs and
outlays including VAT incurred.
Energy Performance Certificate
A copy of the EPC will be provided upon application.

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.