The premises comprise a traditional sandstone building with secure entry and passenger lift access to all floors.
The building is currently fitted out for office/studio space and includes cellular and open-plan rooms with toilets and kitchen facilities on each floor.
Externally, the property benefits from rear car parking for 10 spaces.
The character and proportions of the property lend themselves well to alternative uses including conversion to residential flats (subject to planning).
Location
The property is situated in a prime position on the East side of Otago Street, just a short distance from Great Western Road in Glasgow’s thriving West End.
The property benefits from superb public transport links, with Kelvinbridge and Hillhead Subway Stations within easy walking distance, in addition to frequent bus services and convenient road access to the M8 motorway and Clyde Tunnel.
The surrounding area is a mix of residential, commercial, and Glasgow University educational buildings, offering an excellent range of amenities including cafés, restaurants, bars, independent shops, and green spaces such as Kelvingrove Park and the Botanic Gardens.
Accommodation
Basement - 279.73 sq m (3,011 sq ft)
Lower Ground Floor - 267.09 sq m (2,875 sq ft)
Ground Floor - 215.63 sq m (2,321 sq ft)
First Floor - 227.33 sq m (2,447 sq ft)
Second Floor - 213.12 sq m (2,294 sq ft)
Third Floor - 216.46 sq m (2,330 sq ft)
Fourth Floor - 153.85 sq m (1,656 sq ft)
TOTAL - 1,573 sq m (16,934 sq ft)
Terms
ENERGY PERFORMANCE - A copy of the Energy Performance Certificates (EPC) for the subjects are available upon request.
NON-DOMESTIC RATES - According to the Scottish Assessors Association, the property has the following Rateable Values:
Basement - £15,000
Lower Ground Floor - £15,000
Ground Floor - £14,600
First Floor - £13,600
Second Floor - £12,700
Third Floor - £12,900
Fourth Floor - £8,300
PLANNING - The property has an existing Class 4 office use, however, we believe the subjects offer considerable potential for a wide variety of uses such as residential accommodation, serviced flats, student accommodation or hostel premises.
Naturally, such uses would require planning consent for development/change of use. Parties should however make their own formal inquiries concerning change of use and development to:
Glasgow City Council (Planning Department)
T: 0141 287 8555
E: planningenquiry@glasgow.gov.uk
SALE TERMS - Offers in excess of £2,100,000 are invited for the purchase of our Client’s heritable interest subject to, and with the benefit of the existing occupational leases. Further information can be requested through the Selling Agents.
TENANCY SCHEDULE - See attached brochure for information.
LEGAL COSTS - Each party will be responsible for paying their own legal costs incurred in this transaction.
VAT - All prices quoted are exclusive of VAT, which will be payable.
Specification
- Located in the heart of Glasgow’s sought-after West End.
- Potential for residential or mixed-use redevelopment (subject to planning).
- Income producing asset.
- Dedicated car parking located to the rear – 10 spaces and lock up garage.
- Total GIA – 1573 sq.m. (16,934 sq.ft.) approx.
- Offers over £2.1m are invited.