179 Buchanan Street picture

179 Buchanan Street

Glasgow
Bar / Restaurant
Lease For Sale
Iconic 21,000 sq ft Flagship Restaurant / Bar

This stunning renaissance-inspired property is located in a 100% prime location on the west side of Buchanan Street towards its northern end.  This parade is south of Buchanan Galleries SC; opposite Queen Street Station.

The premises are situated directly adjacent to Glasgow's flagship H&M.  Other nearby retailers include John Lewis, Urban Outfitters, Fat Face, Vans, Watches of Switzerland, a new flagship JD Sports and Apple. 

Nearby F&B occupiers include The Ivy,Chaophraya, Starbucks, Amarone, Waxy O’Connor’s, Miller & Carter, The Citizen, The Anchor Line, Café Andaluz, Mowgli, Bread Meats Bread, Wagamama and TGI Fridays.

Rent

£526,546.19 per annum exclusive of other occupational costs.

Accommodation

The restaurant premises, formerly the Athenaeum theatre, comprise the entire building; from basement to 4th floor.  Internally, the accommodation benefits from double height ceilings and it retains many of its original features.  

The unit is fitted as a high end restaurant and has a full kitchen with extract in place. There is an existing liquor licence for on premises sales until midnight, and outdoor sales until 10pm.   We estimate the following GIAs:

Lower Ground Sales 4,447 sq ft 418 sq m
Ground Floor Sales 3,300 sq ft 307 sq m
Galleries 1,075 sq ft 100 sq m
First Floor Sales 4,412 sq ft 410 sq m
Second Floor Sales 4,090 sq ft 380 sq m
Third Floor 2,580 sq ft 240 sq m
Fourth Floor 1,130 sq ft 105 sq m
Lease terms

The premises are held under a FRI lease until 28 July 2028 with no further rent reviews. 

The Landlord is open to granting a new long lease. 

179 Buchanan Street image
179 Buchanan Street image
179 Buchanan Street image
179 Buchanan Street image
179 Buchanan Street image
179 Buchanan Street image
179 Buchanan Street image
179 Buchanan Street image

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