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  • For sale
Lidl & Matalan, Jamaica Street, Glasgow, G1 4NN - #1

For Sale

£8,500,000 GBP

- Located within Glasgow city centre, close to the prime retailing pitch on Argyle
Street and Buchanan Street
- Two adjoining retail units constructed in 2006, extending to approximately 56,024 sq ft
- Recent letting in 2021 on Unit 1 to Lidl Great Britain Limited on a 25 year lease
expiring 25 June 2046 with a tenant break option on 25 June 2036
-Unit 3 is let to Matalan expiring 28 November 2028. Matalan have been in occupation since 2008
- Passing rent of £667,094 per annum reflecting an average rent of £11.90 psf
- WAULT of 11.91 years to expiry (8.65 years to break)