Retail Space FOR RENT in Glasgow , Glasgow

Property Description

Unit 1 – Prime Retail Space in Glasgow Central Station – 860 sq ft – G1 3SQ
This premium retail unit is located within Glasgow Central Station, Scotland’s busiest and most iconic transport hub, with 31 million visitors annually. As the gateway to Glasgow’s city centre, the station offers unparalleled footfall, making it a prime location for high-traffic retail, food and beverage outlets, or consumer-focused businesses.
The unit occupies an excellent position within the station, ensuring maximum exposure to commuters and visitors alike. Glasgow Central Station is centrally located, with immediate access to Buchanan Street, Argyle Street, and other retail districts, all within walking distance. The station also provides seamless connectivity to national and local rail services, enhancing the convenience for potential customers and employees.
Key Features:
Prime Location in Glasgow Central Station: Direct access to 31 million visitors annually.
Size: 860 sq ft (79.9 sq m), ideal for retail or customer-facing businesses.
High Footfall: Strategically located within Scotland’s busiest transport hub.
Immediate Access to Retail Areas: Within walking distance to Glasgow’s main shopping streets, including Buchanan and Argyle Street.
Excellent Connectivity: Glasgow Central is connected to local, regional, and national rail services, making the location highly accessible for customers and staff.
City Centre Location: Situated within the heart of Glasgow, surrounded by commercial, retail, and hospitality businesses.
Property Reference: GLASG U1
Location: Glasgow Central Station, G1 3SQ
Size: 860 sq ft (79.9 sq m)
Rent: £150,000 Per Annum + VAT
Available From: February 2025
Local Authority: Glasgow City Council
Leasing Information:
Lease Term: 6 years, outside of the Landlord and Tenant Act, offering flexibility for both parties.
Rent Review: Rent increases by 3% annually, with a review after Year 5 to reflect market conditions.
Notice Period: The tenant has the flexibility to serve a 6-month notice to terminate the lease, providing more control over their occupancy.
Lease Type: A traditional retail lease with terms for both parties to agree on maintenance responsibilities, rent increases, and break clauses.
Access: The station provides excellent transport links, with direct connections to Buchanan Street, Argyle Street, and Sauchiehall Street, which are renowned for their shopping and commercial establishments.
Surrounding Area: Just steps away from Glasgow’s top retail streets, the Buchanan Galleries and St. Enoch Centre, as well as a variety of cafés, restaurants, and entertainment venues, making it an ideal location for retail businesses targeting high foot traffic.
Transport Connectivity: The station is connected to local, regional, and national rail networks, making it a convenient and accessible location for customers and staff. Additionally, major road networks such as Sauchiehall Street and the M8 motorway are within close proximity, offering quick access in and out of the city.
Business Rates and Insurance:
Business Rates: Payable by the tenant. Tenants should contact Glasgow City Council for specific rates details.
Property Insurance: The tenant is required to arrange their own buildings insurance for the unit.
Additional Information:
Suitable Uses: Ideal for retail operations, food and beverage outlets, or other customer-facing businesses that can benefit from high footfall in a major transport hub.
Access to Utilities: The unit benefits from modern utilities, including water, electricity, and HVAC, but tenants should verify connections and operational requirements for specific needs.
Signage and Visibility: The space offers significant opportunities for signage and branding, ensuring visibility from major commuter areas within the station.
Leasing Highlights:
High Footfall Location: Situated within Glasgow Central Station, offering exposure to over 31 million visitors annually.
City Centre Accessibility: Prime retail location, easily accessible via public transport, roads, and walking distance to Glasgow’s top shopping areas.
Energy-efficient HVAC: Optimized plant strategy for a comfortable environment and low running costs.
Flexible Lease Terms: 6-year lease with annual rent increases and the ability to serve a 6-month notice to terminate.
Maintenance Responsibility: Tenant responsible for property maintenance within their unit, with HVAC and essential services already set up.
For further details or to arrange a viewing, please contact FraserBond.