115 hope street, glasgow

Tel: 0141 280 3456 www.appletoncraig.co.uk GLASGOW 115 HOPE STREET CL AS S 3 RETAIL UNIT – LEASE FOR SALE LOCATION The subjects are located at the junc tion of Hope Street with Bothwell Street, one of Glasgow’s main thoroughfares from north to south of the City and is situated within the Central Business District. Locat ed near Glas gow Centr al train station (daily footfa ll of approximately 93,00 0 persons), the subjects are highly visible and accessible to both pedestrians and the critical mass of office occupiers within the City. Nearby occupiers include Belle Italia, Abbey, Cheque Centres, Ad Lib and RBS. ACCOMMODATION The property is arranged over ground, m ezzanine and basement floors and provides the following approximate floor areas: ACCOMMODATION IMPERIAL METRIC Ground Floor 637 ft² 59.2 m² Mezzanine 339 ft² 31.5 m² Basement 1,811 ft² 168.2 m² TENURE The s ubjects are held on a Full Repairing and Insuring lease expiring 8th February 2033 with a rent passing of £70,000 per annum exclusive. The rent is next subject to review on 8t h Febr uary 2013. TERMS Of fer s are invited for th e bene fit of ou r client’s leasehold interest. SERVICE CHARGE Further details on request. RATES The local Assessors Department has advised that the property is entered in the Valuation Roll from 1st April 2005 as follows: Rateable Value: £58,500 Rates Payable 2010/2011: £24,219 p.a. The above figures are based on a rate pound age of 41.4p . All interested parties should make their own enquiries to the local Ass essors D epartment in order to confirm the above figures. PLANNING We understand that the property currently benefits from Class 3 (Food and Drink) consent. LEGAL COSTS Each party will be responsible for their own legal costs incurred in the transaction with the ingoing tenant to be responsible for any Stamp Duty Land Tax , VAT and registration dues. VAT All rents, pri ces, etc are quote d exclusive of VAT. VIEWING All viewings must be arranged through the sole letting agents: Appleton Craig Ltd Contact: Nick Craig Tel: 0141 280 34 56 Email: [email protected] Alternatively contact; Estelle Forrester [email protected]

115 hope street, glasgow

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