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