| Property Type | Investment |
| Tenure | For Sale |
| Size | 2,518 sq ft |
| Price | Offers in excess of £265,000 A purchase at this level reflects a NIY of 9.89% after purchasers costs. |
| Energy Performance Rating | Upon enquiry |
The subjects comprise a self-contained first and second floor offices with attractive corner aspect.
A secure door entry system provides access from street level where a passenger staircase provides access to the upper floors.
Both floor are well-fitted providing bright open-plan floor plates that have been fitted out by the tenant to a high standard to include meeting rooms complete with dedicated WC's and tea-preps. The general specification includes suspended ceilings with LED lightings units, gas central heating, air conditioning, perimeter trunking.
Subject to planning, the subjects may be suitable for redevelopment to residential / serviced apartments.
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| 1st | 1,264 | 117.43 | Available |
| 2nd | 1,254 | 116.50 | Available |
| Total | 2,518 | 233.93 |
The subjects are located within the heart of Glasgow City Centre commanding a highly prominent position on the south side of Bath Street at its junction with Renfield Street.
Highly convenient access to public transport links are provided with Glasgow Central & Queen Street Railway Station, Buchanan Street Underground Station and Buchanan Bus Station all within short walking distance.
Metered on-street parking is provided whilst there are various multi-storey car parks within the immediate vicinity.
Tenant: The Big Issue Company Limited (Company No 02612480)
Lease Expiry: October 2028. The tenant has been in occupation since 2014
Passing Rent: £26,850 per annum (£10.66/sq ft)
Full repairing and insuring, no schedule of condition
Year ending 2023 recorded a turnover of £6,192,619 with profits after tax of £421,358
