Syndicate Type: Deferred Income
Asset Type: Retail
Property Address: 98 Argyle Street, Glasgow, G2 9BQ
Tenant: Greggs Plc
Lease Expiry: 26/10/2023
Passing rent: £120,000
Glasgow is the largest city in Scotland and outside of London, it remains the largest retail destination in the United Kingdom. The property is situated in the main retail area of Glasgow, on the northern side of Argyle Street, just to the west of the Queen Street intersection.
The subject building is a Grade B listed 5 storey building with the Greggs unit situated on the ground floor adjacent to the entry to the Arcade. The shop unit has an excellent frontage to Argyle Street with the return frontage to the Arcade. The Argyle Arcade is a prominent building comprising of over 34 retail units, of which more than 30 are jewellers.