Summary
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). ACCOMMODATION Floor Sq.m. Sq.ft. Basement 279.73 3,011 Lower Ground 267.00 2,875 Ground 215.63 2,321 First 227.33 2,447 Second 213.12 2,294 Third 216.46 2,330 Fourth 153.85 1,656 Total 1,573.00 16,934 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: Floor Rateable Value Basement £15,000 Lower Ground £15,000 Ground £14,600 First £13,600 Second £12,700 Third £12,900 Fourth £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.
Key Points
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 ‚ì 10 spaces and lock up garage. Total GIA ‚ì 1,573Location
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 cafes, restaurants, bars, independent shops, and green spaces such as Kelvingrove Park and the Botanic Gardens.