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Buchanan Galleries

Shop to rent

£20.20 psf 10,889 sq ft

Jackson Criss
Contact name

Will Biggart - Jackson Criss

Full address
Buchanan St, Glasgow G1 2GF – Glasgow
Property owner
Land Securities Group PLC
Property type

Shop to rent

Rent
£20.20 psf
Available space range
There is 1 space available. This measures 10,889 sq ft.
Features
Air conditioning, Food court, Property manager on site, Security system, Storage space
Brochure
Download the brochure

Rental details

Ground - Suite 3B - Retail Available

10,889 sq ft, £220,000 per annum, available 30 days

Floor Ground
Suite 3B
Size 10,889 sq ft
Available 30 days
Price £220,000 per annum
Business Rate £87,150
Use class A3 (Restaurants and Cafes)
Service type Fully repairing and insuring
Term expires Jan 2043
Space type Assignment
Space use Retail
Buildout status Full buildout
Date on market Oct 2019

Rental notes

  • From 18th january 2018, 25 years with tenant option to extend by a further 10 years on expiry, with the rent to be increased at review in line with rpi compounded annually.
PDF #1 Marketing brochure/flyer Download

Property description

The property comprises a shopping centre in the heart of Glasgow city centre, known as Buchanan Galleries. The Buchanan Galleries opened in March 1999 to offer around 605,000 sq ft (55,740 sq m) of retail space over five levels. The centre is anchored by a John Lewis store and has around 90 retail units and food court on the upper floor. The centre also includes the Glasgow Royal Concert Hall comprising approximately 128,000 sq ft and is bound by Cathedral Street, Buchanan Street and Sauchiehall Street.

A proposed extension was recently approved by Glasgow City Council which will see the centre expand into the current multi-storey car park, incorporating an additional 700,000 sq ft (65,000 sq m), increasing the overall scheme size to 1.3 million sq ft (120,770 sq m), and thus making Buchanan Galleries one of the largest shopping centres in the UK.

The property is located at the corner of Sauchiehall Street and Buchanan Street. Queen Street Railway Station and Buchanan Street Underground Station are both adjacent to the centre. Buchanan bus station is situated to the rear of the centre and Glasgow Central Railway Station is also a short distance away.

Number of storeys
4
Parking ratio
1.36
Rentable building area
585,000 sq ft
Year built
1999

Attachments

PDF #1 Marketing brochure/flyer Download

This shop to rent is located in Glasgow.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Jackson Criss. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Jackson Criss for full details and further information.