323 Sauchiehall Street, Glasgow, G2

LOCATION:

The subjects are located on the south side of Sauchiehall
Street close to its junction with Pitt Street. Sauchiehall Street
is one of the principal retailing thoroughfares within Glasgow
City Centre and has benefitted from significant investment
to complete the first of the 'Avenues' programme to create
high quality public realm improvements for pedestrians and
outdoor space for retailers to improve Sauchiehall Street as a
destination.

Surrounding occupiers include Xiang Cusine, Kings Fast Food,
The Meat Joint, Taste of Chennai, Fire Water and Sichuan
House Restaurant. Located opposite the Dental Hospital. On
street parking is provided closeby and public transport links
are excellent with Charing Cross railway station being close by
as well as regular bus services on Sauchiehall Street.

DESCRIPTION:

The premises comprise a basement bar / venue providing
some 90 covers with a kitchen area and are within a 4 storey
traditional blonde sandstone building under a pitched and tile
covered roof.

The accommodation comprises a substantial area for customer
seating, stage, bar servery, kitchen area, male and female
toilets, staff toilet and staff office. The kitchen is steel sheet
lined and the extract duct remains in place, installation of
kitchen equipment is required.

RENT/TERMS:

£30,000 Pa exclusive of VAT.

The premises are available on a new FRI lease for a lease of
5+ years.

BUSINESS RATES:

RV: £34,000
Payable: £16,932 (2025/26)

LEGAL COSTS:

Each party is responsible for their own legal costs and the
tenant shall be responsible for lease registration costs and
land tax as standard.

COMMON CHARGES:

The tenant shall pay a share of the charges for maintaining the
common parts of the building.

ENERGY PERFORMANCE CERTIFICATE:
Available 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.

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.