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44-50 Gallowgate 1,635 SF of Retail Space Available in Glasgow G1 5AF
HIGHLIGHTS
- On the East side of the City that is a 5 minute walk from the City Centre
- The area is currently undergoing a regeneration programme with a number of flats being built in the vicinity for student accommodation
- The property is close to Merchant City, the Barrowland Ballroom and Markets
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 48/50 | 1,635 SF | 10 Years | $26.21 CAD/SF/YR $2.18 CAD/SF/MO $42,850 CAD/YR $3,571 CAD/MO | Fully Repairing & Insuring |
Ground, Ste 48/50
48/50 Gallowgate is a single storey property that comprises of 2 arches with an entrance door off Gallowgate Road and a side Fire Escape door. Available on Network Rail Property's Solutions Tenancy Agreement. The benefits of this are: Rental payments can be made monthly by direct debit Rent Increases are applied annually by 3% with rent review in Year 5. Tenants are able to serve 6 months notice to end their tenancy. The tenant is to pay the sum of £439.65 per annum in respect of a contribution to insurance.
- Use Class: Class 1A
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Entrance door
- Side Fire Escape door
- 2 arches
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
SELECT TENANTS AT 44-50 GALLOWGATE, GLASGOW, GLG G1 5AF
- TENANT
- DESCRIPTION
- UK LOCATIONS
- REACH
- Mackinnons
- Retailer
- 1
- -
| TENANT | DESCRIPTION | UK LOCATIONS | REACH |
| Mackinnons | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,635 SF | Gross Leasable Area | 3,500 SF |
| Property Type | Retail | Year Built | 1966 |
| Property Subtype | Bar |
| Total Space Available | 1,635 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 3,500 SF |
| Year Built | 1966 |
ABOUT THE PROPERTY
The Property is located in the Gallowgate area of Glasgow, on the East side of the City that is a 5 minute walk from the City Centre. The property is close to Merchant City, the Barrowland Ballroom and Markets. The area has a mixed commercial and leisure use along with private Tenement properties. The area is currently undergoing a regeneration programme with a number of flats being built in the vicinity for student accommodation. The location is easily accessible from the City Centre but does fall within the LEZ zone restricting some vehicle access. The area is served by both Argyle Street and High Street Stations and a short walk to the properties.
- Security System
- Automatic Blinds
NEARBY MAJOR RETAILERS
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44-50 Gallowgate
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