London Road, Glasgow, G40

Location

The shop is located on the south side of London Road, directly
opposite Kent Street and the famous 'Barras' market, within
the vibrant Merchant City area of Glasgow on the eastern
periphery of Glasgow city centre. Surrounding occupiers
include Dark Crow Tattoos, Bling & Beds, Loch Fyne
Shellfish Bar and Rosto Shawarma. Glasgow Green is a
short walk to the south.

The area continues to benefit from cultural and residential
led regeneration with planned developments nearby on
Gallowgate, Bain Street and Charlotte Street.
High Street Train Station is a 10 minute walk while regular bus
services operate in the local area. On street car parking is
available locally.

Description / Condition

The subjects comprise a ground floor shop unit within a two
storey sandstone property under a mono pitched and bitumen
felt covered roof. The premises benefit from two aluminium
framed display windows set either side of the recessed
aluminium and glass entrance door all set behind security
shutters.

The shop is arranged to provide a good sized front retail
section with two rooms to the rear (office / staff), storage and
a toilet. The front section of the shop benefits from a new
laminate floor finish. The walls are plaster and painted and
there is a suspended ceiling with integrated LED light fittings.
Floor Areas
Net Internal Floor Area: 856 sq ft (79.56 sq m).

Price / Rent

Rent - £12,500 per annum

Offers over £120,000.

The property is not elected for VAT.

Business Rates

RV: £11,300

At this level the premises qualify for 100% rates relief under the
Small Business Bonus Scheme, for further information contact
the Director of Finance at Glasgow City Council.

EPC
A copy of the Energy Performance Certificate can be made
available upon request.

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.