20-26 Buchanan Street, City Centre, Glasgow, Scotland, G1
£460.18 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
27,163 sq ft
2,524 sq m
- SECTOR
High street retail property for sale
Key features
- Let to Nike with passing rent of £875,000 pa
- Lease extended to Nov 2034 with TBO in November 2029
- Tenant undertaking major refit to store
- Heritable tenure.
Description
Zero vacancy - Buchanan Street has zero vacancy and rents have rebounded pre-covid levels.
Undoubted covenant - Let to Nike Retail BV with parent company guarantee
Lease extension - The tenant has been in occupation since 2010 and has committed to a lease extension until November 2034, with a tenant break in November 2029. They are currently undertaking a major re-fit.
Brochures
20-26 Buchanan Street, City Centre, Glasgow, Scotland, G1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- St. Enoch Station0.1 miles
- Glasgow Central Station0.1 miles
- Argyle Street Station0.2 miles
Notes
Disclaimer - Property reference 2061126FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Lambert Smith Hampton, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.