Property Summary
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Area Sq ft: 5,500 sq ft
Property Description
Unit 16 - Glasgow Central Station - Premium Hospitality Space for Lease – Glasgow City CentreUnit 16 at Glasgow Central Station offers an exceptional opportunity for a hospitality operator to establish a premium venue in one of the busiest and most iconic stations in the UK. Located on the first floor, this spacious unit spans 5,500 sq ft and boasts fantastic views across the station. The unit features an external terrace area, ideal for additional seating, making it an attractive option for restaurants, cafes, or bars.
The adjacent unit has already been let to a premium pubs and bars operator, set to open in 2025, making this a prime location for hospitality brands seeking a dynamic and popular destination. The unit is well-served by a lift and dual staircases for easy access, ensuring convenience for both staff and customers.
About Glasgow Central Station
Glasgow Central is the busiest train station in Scotland, with an annual footfall of 32 million people. The station benefits from a retail penetration rate of 24.2%, which is above the typical high street average, and boasts monthly retail sales of £1.7m. With such high footfall and consistent demand, this space presents a unique opportunity to engage with a diverse mix of commuters, tourists, and locals.
Property Details
Floor Area: 5,500 sq ft
Handover Condition: Shell & Core
Rent: Negotiable
Available From: Immediate
Lease Length: 6 years
Category: Hospitality
Service Charge: Years 1-3: £15 per sq ft; Years 4-6: £17 per sq ft
Rent and Lease Terms
Rent Terms: The rent will be based on either the base rent or an agreed percentage of the gross turnover, whichever is higher. The rent is exclusive of VAT and rates.
Connectivity and Technology
WiFi: Tenant to install
Telecoms: Tenant to install
Utilities and Infrastructure
Drainage: 22mm incoming/100mm waste
Power Level: 200 AMP TPN
Regulatory and Legal Information
Legal Costs: Each party is responsible for their own legal costs
LLC Fees: £4,000
For further details or to arrange a viewing, please contact Fraser Bond.
