GLASGOW

115 HOPE STREET

CLASS 3 RETAIL UNIT LEASE FOR SALE
TERMS
Offers are invited for the benefit of our clients leasehold interest.

SERVICE CHARGE RATES

Further details on request. The local Assessors Department has advised that the property is entered in the Valuation Roll from 1st April 2005 as follows: Rateable Value: 58,500 Rates Payable 2010/2011: 24,219 p.a. The above figures are based on a rate poundage of 41.4p. All interested parties should make their own enquiries to the local Assessors Department in order to confirm the above figures.

PLANNING LOCATION

The subjects are located at the junction of Hope Street with Bothwell Street, one of Glasgows main thoroughfares from north to south of the City and is situated within the Central Business District. Located near Glasgow Central train station (daily footfall of approximately 93,000 persons), the subjects are highly visible and accessible to both pedestrians and the critical mass of office occupiers within the City. Nearby occupiers include Belle Italia, Abbey, Cheque Centres, Ad Lib and RBS.

We understand that the property currently benefits from Class 3 (Food and Drink) consent.

LEGAL COSTS

Each party will be responsible for their own legal costs incurred in the transaction with the ingoing tenant to be responsible for any Stamp Duty Land Tax, VAT and registration dues.

VAT

ACCOMMODATION

The property is arranged over ground, mezzanine and basement floors and provides the following approximate floor areas: ACCOMMODATION Ground Floor Mezzanine Basement IMPERIAL 637 ft 339 ft 1,811 ft METRIC 59.2 m 31.5 m 168.2 m

All rents, prices, etc are quoted exclusive of VAT.

VIEWING

All viewings must be arranged through the sole letting agents: Appleton Craig Ltd Contact: Nick Craig Tel: 0141 280 3456 Email: nick@appletoncraig.co.uk Alternatively contact;

TENURE

The subjects are held on a Full Repairing and Insuring lease expiring 8th February 2033 with a rent passing of 70,000 per annum exclusive. The rent is next subject to review on 8th February 2013.

Estelle Forrester eforrester@savills.com

Tel: 0141 280 3456 www.appletoncraig.co.uk

GLASGOW
115 HOPE STREET
RETAIL UNIT LEASE FOR SALE

RETAIL UNIT LEASE FOR SALE

PROPERTY MISDESCRIPTIONS ACT 1991 1.The information contained within these particulars has been checked and unless otherwise stated, is understood to be materially correct at the date of publication. After these details have been printed, circumstances may change out with our control. When we are advised of any change we will inform all enquirers at the earliest opportunity. 2. Date of Publication - June 2009 3. Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax. Prospective purchasers/lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction. REQUIREMENTS OF WRITING (SCOTLAND) ACT 1995 These details are not intended to form part of a legally binding contract and the correspondence of which it is part is expressly subject to completion

Tel: 0141 280 3456 www.appletoncraig.co.uk