Buchanan Street, Glasgow, G1

Location

Buchanan Street is long established as one of the strongest
shopping and commercial locations outside London and is
Glasgow's prime retailing street. The subjects are located on the
first floor, above 100% prime retail, adjacent to the Buchanan
Galleries.
The premises are highly assessable, only a minute walk from
Glasgow Queen Street Station, opposite Buchanan Street
Underground Station and, and only a short walk to the Buchanan
Galleries Car Park. The location makes the property ideally suited
for continued use as offices or alternatively, as a showroom, quasi
retail, treatment rooms or other similar use.

Description

The subjects have been fully refurbished whilst retaining their
historic character. The property benefits from first floor windows
overlooking Buchanan Street, providing a highly prominent
frontage and presence on the street. There are underfloor
databoxes with hard wired CAT5 connections to a central data /
server room. The windows to the office were replaced in 2015.
The building known as the "Dundas Building" had the slate roof
covering completely replaced at in 2012.

Floor Sizes

Approximate floor areas (subject to measurement survey) are as
follows:

Net Lettable Floor Area 162.66sqm (1,750 sq ft)
Gross Internal Area 190.82 sqm (2,053 sq ft)

The office has its own WC / Shower room. There are also
communal ladies' and gents' toilets serving each floor. The layout
enables the space to be let as a whole, split into a variety of
configurations or let as individual rooms.

Rateable Value
The premises are currently assessed with two occupiers, with
separate Rateable Values of £12,300 & £4,200 from 1st April
2023. At the April 2026 rateable values are £12,300 and £4,200.

Services

The property is connected to mains gas, mains electricity, mains
water and mains drainage. Heating and cooling are from a mix of
air conditioning and gas fired central heating. There is a security
alarm system. The building is served with a passenger lift to all
floors.

The Opportunity

The premises are suitable for a variety of occupiers, able to
capitalise on the highly accessible prime location, with a presence
on Buchanan Street, with a significant discount for ground floor
retail rental. Alternatively, the premises are fully fitted and ready
to occupy as offices and there is an opportunity to sub-divide and
part occupy the property, depending on an occupier's
requirement.

Terms

Offers over £345,000 + VAT are sought for the heritable property.
Alternatively, our clients will consider an offer of lease for a
minimum period of 5 years, on a tenant full repairing and insuring
basis.

EPC

An EPC is available on request