Heritable City Centre Leisure Investment
Heritable City Centre Leisure Investment
The property is located close to the busy junction of Renfield Street and Gordon Street, within 50 metres of Glasgow Central Station. The surrounding area benefits from high levels of footfall around the station and nearby Buchanan Street. Nearby occupiers include YBS, Tesco, Burger King, Greggs and Five Guys
Heritable.
The property is located close to the busy junction of Renfield Street and Gordon Street, within 50 metres of Glasgow Central Station. The surrounding area benefits from high levels of footfall around the station and nearby Buchanan Street. Nearby occupiers include YBS, Tesco, Burger King, Greggs and Five Guys
Heritable.
The property comprises a ground floor restaurant and kitchen with further seating and staff area at basement level. Forming part of a larger traditional style sandstone tenement building built over basement, ground and three upper floors.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a ground floor restaurant and kitchen with further seating and staff area at basement level. Forming part of a larger traditional style sandstone tenement building built over basement, ground and three upper floors.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas Approx sq m |
Floor Areas Approx sq ft |
Tenant | Term | Rent p.a.x. |
|---|---|---|---|---|---|---|
| Ground Basement |
Restaurant Ancillary |
40.67 50.81 |
(437) (546) |
MZ FOODS LTD t/a Taco Mazama (3) |
Lease extension of 10 years expiring 26/05/2035 (2) | £25,000 (3) |
| Total | 91.48 |
(983) (1) |
£25,000 (3) |
(1) The floor areas stated above are those published by the Scottish Assessors Association (www.saa.gov.uk).
(2) The lease variation details that the rent will increase to £26,000 p.a.x. from 27/05/2025. A rent free period of 10 months has been granted (taken as 20 months rent free from 27/05/2025). This will be topped up by the seller. Please see the legal pack for fiurther information
(3) Rent to increase to £26,000 p.a.x. from 27/05/2025 (please see the legal pack for further information)
(4) As part of the variation the lease has been assigned to MZ West Ltd (SC602274).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.
If you have a query, please fill in the box below, otherwise click the Submit button.
We will keep you updated about lot xthis property.
In the meantime, if you would like to speak to the Surveyor about this property, please call on .
Are you sure you want to remove this property from your Watch List?
Are you sure you are no longer interested in this property?
Are you sure you want to delete your Account?
