Property Search Shortlist Main website

Medical Investment Opportunity, Unit 4 - 160 Bothwell Street, Glasgow, G2 7EL

  • Investment
  • 3,250 sq ft
  • For Sale
Medical Investment Opportunity, Glasgow, Investment For Sale - Bothwell Image 2026-01-21 at 21.16.19.jpeg
Medical Investment Opportunity, Glasgow, Investment For Sale - Bothwell St1.jpeg
Medical Investment Opportunity, Glasgow, Investment For Sale - Bothwell Image 2026-01-21 at 21.16.20 (3).jpeg
Medical Investment Opportunity, Glasgow, Investment For Sale - Bothwell Image 2026-01-21 at 21.16.20.jpeg
Medical Investment Opportunity, Glasgow, Investment For Sale - Bothwell Image 2026-01-21 at 21.16.20 (2).jpeg
Property Type Investment
Tenure For Sale
Size 3,250 sq ft
Price Offers in excess of £650,000 A purchase at this level reflects a NIY of 8% after purchasers costs.
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

Well-let medical investment opportunity within the heart of Glasgow City Centre with 8.5 years unexpired

Key Features

  • Well-let medical investment opportunity
  • Located within the heart of Glasgow City Centre
  • Let to Elegance Empire Scotland Ltd expiring for 10 years from July 2024, no breaks
  • Passing rent of £55,000 per annum (£16.92/sq ft) with OMR in July 2029
  • Fitted out to an exceptionally high standard, recent capex approx £500K
  • Offers over £650,000 invited reflecting a NIY of 8% after purchasers costs

Description

The subjects comprise modern medical premises arranged over ground floor and mezzanine levels.

Externally benefits from an extensive full height glazed modern shopfront with customer entrance.

The tenant has undertaken an impressive fit-out with attractive front reception / waiting area with treatment rooms beyond complete with WC's.

There is an impressive mezzanine level with additional treatment rooms provided.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Ground 2,165 201.14 Available
Mezzanine 1,085 100.80 Available
Total 3,250 301.94

Location

The subjects are located within the heart of Glasgow City Centre on the north side of Bothwell Street between its junctions with Pitt Street & Douglas Street.

Bothwell Street is within the core part of Glasgow's Central Business District with numerous major office developments underway including Aurora, Lucent and 177 Bothwell Street.

Metered on-street parking is provided to the front of the subjects and there are numerous nearby multi-storey car parks. Glasgow Central Station and Buchanan Street Underground Station are within a 5-10 minute walk.

Neighbouring occupiers include The Gym Group, Lunalove Pilates, Eveleyn Partners, Pinsent Mason and CBRE.

Terms

The subjects are let to Elegance Empire Scotland Ltd ( SC805417) from July 2024 for 10 years without breaks and an option to extend for 10 years at expiry.

The passing rent is £55,000 per annum (£16.92/sq ft) and is subject to an OMR in July 2029.