Let Agreed
Retail
4 Chancellor Street, Glasgow, G11 5RG
Tenure: To Let
Size: 542 sq ft (50 sq m)
Rent: £13,200 per annum

Key Features

  • Attractive office/retail premises
  • Sought after West End location
  • Qualifies for 100% rates relief
  • NIA: 50.38 sq m (542 sq ft)

Attractive mid terrace retail premises formed on the ground floor of a traditional four storey corner tenement building. Currently trading as the office of a letting agency, it would also suit a variety of alternative uses, subject to planning.

Prominent position on the northern side of Chancellor Street to the immediate west of its junction with Byres Road, one of the principal thoroughfares within Glasgow’s sought after West End, where there is an eclectic range of surrounding uses and a healthy mix of independent and national traders present.

Situated to the west of the University of Glasgow Campus, one of Scotland’s most recognized institutions of further education, which is in the midst of a £1b redevelopment incorporating the site of the former Western Infirmary.

On street metered car parking available with several public bus stops and Kelvinhall and Hillhead Subway stations within walking distance.

Floor area

Approximate net internal area of 50.38 sq m (542 sq ft) in accordance with the RICS Code of Measuring Practice (6th Edition).

Rateable value

According to the Scottish Assessor’s website (www.saa.gov.uk), the subjects have a Rateable Value of £9,400.

The property is therefore eligible for 100% rates relief under the current Small Business Bonus Scheme.

Terms

 £13,200 per annum on full repairing and insuring lease terms for a period of 5 years.

Energy performance certificate

EPC Rating – E

Offers

In the normal Scottish form addressed to our Glasgow office.

Entry

The subjects are currently held on lease until September; however, earlier entry may be possible if required.

Vat

VAT is not applicable on the rent.

Legal costs

Each party to bear their own legal costs.

Anti-money laundering

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 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 any transaction can proceed.

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Retail and Leisure Agency Team of the Year – Finalist

Retail and Leisure Team of the Year – Finalist

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Excellent service received from James Burns. Process of having a home report carried out was seamless from start to finish. Highly recommend.

I would like to say that Keith and One Service have bent over backwards to help us on our way to preparing the sale of our home. They have been extremely professional, courteous and helpful throughout. I cannot speak highly enough about them.

I have dealt with Allied Surveyors in Inverness for many years most recently with regard to a Commercial Rent Review. They are highly professional , very efficient and go to great lengths to ensure that the client is well looked after and represented properly. I have no hesitation in recommending them.

I chose Allied to carry out home report on my flat. Scott Livingstone came out quickly and carried out a thorough inspection of the property. The report was accurate, clear and concise on the condition and provided a valuation that I and ultimately the market was happy with. I would thoroughly recommend to others requiring valuation services

Bernadetta provided an excellent service, warm, friendly and very approachable. A professional service from start to finish. I would highly recommend Bernadetta at Allied Surveyors.

I have huge thanks for Simon and all at Allied Surveyors who are just the most wonderful company to deal with. Buying/selling a home can be a complex process and to give someone your time is such a simple thing yet often lost in the current world, Simon at Allied has given us just that as well as mountains of advice and a sharing of his knowledge. Thanks Again

Professional and really nice person to deal with. Scott from Allied Surveyors (Stirling/falkirk area) recently did my home report. He was easy to talk and he explained the issues he noticed at the time of viewing the property as well as in more detail in the report itself. He is a very fair individual and also in our discussion gave me the opportunity to correct a few things. Not full of himself or power tripping. Just a genuninely nice person doing his job. Thank you.

Grant Robertson recently completed a development valuation for a site I am building out. His knowledge and attention to detail was outstanding and has made the process of purchase and funding so much easier. He also kept the lawyers, who were often dragging their feet, focused on delivery.

Great service from Bernadetta. She was always available for questions and very responsive. Thanks for finding a Tenant and helping in closing the lease.

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