102 Argyle Street

Asset Type

Retail

Address
102 Argyle Street Glasgow, City of Glasgow United Kingdom G2 8BH
Asking Price

Contact for pricing

Sq Footage

2,262

Year Built

1784

Cap Rate

N/A

Additional Attributes

Property Description

Prime High Street Retail Investment Opportunity

Investment Highlights

  • Prime retail investment located in Glasgow, the top retailing location in Scotland;
  • Prominent retail unit located on Glasgow’s ‘Style Mile’ at the entrance to Argyll Arcade, benefitting from dual frontage to Argyle Street and within the Arcade itself;
  • Let to Hutchison 3G UK Ltd (D&B Rating 5A1) from 17th December 2018 until 16th December 2030 at a current passing rent of £130,000 per annum which equates to a Zone A rate of £123.93 per sq ft;
  • Five yearly, upward only, open market rent reviews. The next review due on 17th December 2023;
  • Heritable tenure (Scottish equivalent of English Freehold).


Listing Contacts
Janey Douglas
Janey Douglas
Senior Surveyor
+65 3159 4021
Simon Cusiter
Simon Cusiter
Director - Capital Markets
+65 3159 4021
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