St. Vincent Street, Glasgow
Size
10,097
Tenure
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EPC
Parking
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- Primary use
- High street retail
- Other use(s)
- Shop, Restaurant, Takeaway
- Frontage
- Ask agent
No floor / site plan
Building amenities
Additional costs may apply for some services – please check the full property description for more details.
- Air conditioning
- Basement
- Central heating
- Natural light
- Open plan
- Restaurant
Key features
- Prime retail Investment on St Vincent Street, Glasgow
- Let to Five Guys until May 2041 with no breaks
- Rent £220,000 per annum, with 5 yearly open market reviews
- Rare opportunity to acquire an entire prime mixed-use block on St Vincent Street,
- Potential to convert the unused upper parts to residential
- Five Guys have 181 restaurants in UK
Description
ADDRESS: 57-61 St Vincent Street, Glasgow, G2 5SH
• Glasgow is Scotland’s largest city and the third largest
in the UK
• Rare opportunity to acquire an entire prime mixed-use
blockon St Vincent Street, just off Buchanan Street,
with secured long income
• Potential to add value by refurbishing and utilising
upper floors for luxury apartments
• Prime location on St Vincent Street, a short distance
from Glasgow Central Station, Glasgow Queen Street
Station and Buchanan Street Subway Station
• Mixed use investment extending to approximately
• 10,097 sqft, let in its entirety to Five Guys JV Limited
• (T/A Five Guys) until May 2041
• Current passing rent of £220,000 per annum and a long
unexpired lease term of 15 years
LOCATION
Glasgow is Scotland’s largest city with a core population of over 600,000 residents. The greater Glasgow Conurbation totals
approximately 2.5 million, accounting for more than 40% of Scotland’s population. Glasgow is the UK’s 3rd largest financial centre
Glasgow has a strong reputation as a leading fashion centre and is the UK’s largest retail centre outside of London’s West End. The
retail sector in Glasgow generates over £4.2 billion of revenue per annum and supports 17,000 full time jobs
SITUATION
St Vincent Street is adjacent to Buchanan Street, the prime location for high-end fashion retailers in the city-centre. Buchanan Street
is the 2nd busiest high street within the UK with an average hourly footfall of 6,020 people and a vacancy rate of just 3%. St Vincent
Street accommodates a mixture of prime office, retail and leisure units, drawing large quantities of footfall from all sectors. St
Vincent Street will benefit from the in excess of £100m that has been allocated from within the City Deal to the Avenues Project.
ACCOMMODATION
Basement (GIA) : 2,829 Sq. Ft. , Ground Floor (GIA) : 2,516 Sq. Ft. , High Level Store (GIA) 55 Sq. Ft. , First Floor (NIA): 1,787
Sq. Ft. Second Floor (NIA) : 1,302 Sq. Ft. Third Floor (NIA) : 1,608 Sq. Ft. ,Total : 10,097 Sq. Ft.
TENANCY
Let to Five Guys JV Limited (T/a Five Guys) on a FRI Lease for 30 years from 3 May 2011 to 3 May 2041 at current rent of
£220,000 p.a, with no breaks. Rent Review: 3/5/2021 outstanding. Lease assigned to current tenant in August 2014
Next rent review 3 May 2026 and 5 yearly thereafter. There is a sum of £315,157 held in deposit as a lease guarantee.
COVENANT
Five Guys JV Limited Year ending December 2024 Turnover £321 million, Profit before Tax £29 Million, Net Assets £9 Million
Trading from 181 restaurants in the UK as at 31 December 2025
RENT: £220,000 VAT: Applicable TENURE: Freehold PRICE: £3,000,000 – 7% Net
- Service charge
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- Business rates
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- Use class
- 1A, 3
- Year built
- 2007
- Year renovated
- 2024
- Listed building
- No
- Floors in building
- 5
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
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- Environmental description
- Ask agent
Brochure
St. Vincent Street, Glasgow
About Suttons Commercial, London
Suttons - The Property Professionals who deliver everytime in commercial property investments
Suttons, established in 1985, is a niche investment practice, specializing in buying and selling commercial investments in the UK for local and overseas clients. Our specialty is in the price range of £500,000 to £3,500,000 mainly let to Blue-chip Footsie 100 companies. With over 25 years of experience in commercial properties we pride ourselves in providing a professional and friendly service.
We act for individuals and Pension funds and have provided numerous investments for Doctors, dentists, solicitors, bankers, accountants and other professionals to put in their Sipp
We make it our business to understand our client's requirement, and with a strong and experienced team, with a proven track record, we have gained the reputation of ?The Property Professionals who deliver?.
Suttons high rate of repeat business is testament to the excellent service we offer. Try us and enjoy the experience.
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