Property Summary
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Area Sq ft: 806 sq ft
Property Description
101 Union Street – Prime Retail/Leisure Unit in Glasgow City Centre – 806 sq ft – G1 3TA101 Union Street is a freshly decorated retail/leisure unit located in the heart of Glasgow's bustling city centre. This 806 sq ft space offers a modern environment with new electrics, a new WC, and kitchen facilities. Its prime location ensures excellent visibility and high foot traffic due to its proximity to Glasgow Central Station, making it ideal for businesses looking to capitalize on city centre access.
Key Features:
Freshly decorated with modern finishes
New electrics, WC, and kitchen facilities
Flexible lease terms with a monthly rental payment option
3% annual rent increases with a rent review in Year 5
User Planning:
Location: Glasgow City Centre, G1 3TA
Size: 806 sq ft (74.88 sq m)
Rent: £28,000 Per Annum + VAT
Available From: Immediately
Local Authority: Glasgow City Council
Suitable for Class 1 (Retail) or Class 3 (Restaurant/Café) use, providing versatility for a range of potential tenants.
Tenancy Agreement:
Available on Network Rail Property's Solutions Tenancy Agreement, which allows tenants to serve 6 months’ notice to end their tenancy, providing flexibility. Rent increases are applied annually by 3% with a rent review in Year 5.
Location Description:
The property is located on Union Street, a major thoroughfare in Glasgow City Centre that links Renfield Street to Argyle Street, directly opposite the Union Street entrance to Glasgow Central Station. This ensures excellent transport links and high visibility for any retail or leisure business. The property benefits from easy access to Central Station, providing direct links to the wider city and beyond.
Costs:
Deposit: 3 months' rent
Insurance Contribution: £216.73 per annum
Business Rates: Payable by the tenant (contact Glasgow City Council for details)
Service Charge: Applicable and reviewed annually
For further details or to arrange a viewing, please contact FraserBond.
