Comprising the 1st, 2nd and 3rd floors of an ornate-façade period sandstone building, the available accommodation is accessed from Nelson Mandela Place via a dedicated entrance and stairway. The upper floors are accessed by way of an internal staircase and it may be possible to subdivide the floors to provide up to 2 self-contained suites at each level.
The roof was comprehensively overhauled recently and internally, the premises have been freshly decorated and carpeted and offer a mixture of open plan and partitioned offices with wall-mounted electric radiators. Toilets are available on the first and third floors.
Location
The property is situated in the very heart of Glasgow City Centre between the junctions of St Vincent Street & West George Street, with its entrance on Nelson Mandela Place and also having windows overlooking West Nile Street to the rear.
Benefitting from excellent accessibility to all forms of public transport, the building is only a monments walk from the main railway stations of Queen Street & Central and the underground stations of Buchannan Street & St Enoch’s are both very close by.
Accommodation
We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) and have calculated the Net Internal Floor Areas to be:
First Floor - 125.48 sq m (1,351 sq ft)
Second Floor - 132.23 sq m (1,423 sq ft)
Third Floor - 128.79 sq m (1,386 sq ft)
TOTAL - 386.50 sq m (4,160 sq ft)
Terms
Closing Date Set: Noon 8th June 2016
SALE TERMS
The property is available for outright sale (o/o £XXX) either for continued use as office premises or it may be suitable for conversion to alternative uses (subject to relevant consents). Due to the city centre location and immediate proximity to Queen Street station, we feel the property would make an excellent opportunity for conversion to residential or serviced apartments.
LEASE TERMS
The office suites are available either as a whole or on a floor-by-floor basis at extremely attractive rentals (from £XXX per sq ft) with flexible internal repairing lease terms.
Further details are available from the sole agents upon request.
EPC
Rated F+. The Energy Performance Certificate will be made available upon request.
LEGAL COSTS
Each party shall bear their own legal costs incurred in connection with this transaction. The purchaser or ingoing tenant shall be responsible for any Land & Buildings Transaction Tax, VAT or Registration Dues incurred thereon.
BUSINESS RATES
We understand the property to entered into the Valuation Roll (ref: M482800023) with a Rateable Value of £XXXpa.
VAT
VAT will be charged on this transaction.
Specification
- City centre location
- Dual frontage to West Nile Street
- Extremely affordable – from only £XXX / sq ft
- Potential to be divided into smaller units
- May suit alternative uses