Prime Retail Location - Glasgow is the largest retail market in the UK outside of London's West End and Buchanan Street is the prime pitch. Zero vacancy - Buchanan Street has zero vacancy and rents have rebounded pre-covid levels. Undoubted covenant - Let to Nike Retail BV with parent company guarantee Lease extension - The tenant has been in occupation since 2010 and has committed to a lease extension until November 2034, with a tenant break in November 2029. They are currently undertaking a major re-fit.
20-26 Buchanan Street, City Centre, Glasgow, Scotland, G1
- Ref: 2061126
- Types: Retail Investment (High Street)
- Size: 27,163 sq ft (2,524 sq m)
- Freehold: £12,500,000 (€15,010,868) for the freehold
Key Features
-
Let to Nike with passing rent of £875,000 pa
-
Lease extended to Nov 2034 with TBO in November 2029
-
Tenant undertaking major refit to store
-
Heritable tenure.
Location
20-26 Buchanan Street, City Centre, Glasgow, Scotland, G1
Data Room
Additional Info
Get in touch
Email me direct
To: