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Restaurant to let in Glasgow

321 Sauchiehall Street, Glasgow, G2 3HW
To rent
POA

COMMON USE CLASS: A3 Restaurants and Cafes

lapsley-mcmanus
This property is marketed by:
Lapsley McManus

Location

The subjects are located on the south side of Sauchiehall Street close to its junction with Pitt Street. Sauchiehall Street is one of the principal retailing thoroughfares within Glasgow City Centre and has benefitted from significant investment to complete the first of the ‘Avenues’ programme to create high quality public realm improvements for pedestrians and outdoor space for retailers to improve Sauchiehall Street as a destination.

Surrounding occupiers include the Blue Arrow Jazz Bar, Meat Joint Restaurant, Kama Sutra, Hi Tea, Centre for Contemporary Arts, Life and Bagel Mania. On-street parking is provided closeby and public transport links are excellent with Charing Cross railway station being close by as well as regular bus services on Sauchiehall Street.

Description

The subjects comprise a licensed restaurant providing some 80 covers with an opportunity for outdoor seating.

The premises are over ground and basement floors within a 4 storey traditional blonde sandstone building under a pitched and tile covered roof. The subjects have an extensive frontage comprising 4 arched windows and access is taken from a timber door to an inner vestibule. The accommodation comprises a substantial customer seating area, bar servery, kitchen, male and female toilets, staff toilet, basement stores and cellar, mezzanine office / staff area.

The premises have benefitted from a recent refurbishment which has included a new hardwood floor, new bench style seating, new water heater, gas central heating and air conditioning.

The walls are lined in timber panelling, the ceiling is plaster and lighting is from pendant fittings. The basement stores and cellar have been relined with easy clean surfaces. The kitchen extraction equipment has been replaced and the walls are steel sheet lined. 

Floor Areas

195 sq m / 2,100 sq ft

Rent / Terms

£50,000 per annum.

The premises are available on a new long full repairing and insuring lease with 3 yearly rent reviews.

Business Rates

RV: £25,500 Payable: c. £12,500

Legal Costs

Each party is responsible for their own legal costs and the tenant shall be responsible for lease registration costs and land tax as standard.

Common Charges

The tenant shall pay a share of the charges for maintaining the common parts of the building.

Energy Performance Certificate

Available upon request.

VAT

All prices, rents, premiums etc. are quoted exclusive of VAT. Interested parties must satisfy themselves as to the instance of VAT in respect of any transaction.

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. 


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