• Small self-contained office
• Open plan office with additional meeting room/private office and staff kitchen
• Lift access
• Shared toilet facilities
• Rare purchase opportunity
• Benefits from short term income
• Established office building
• 100% rates relief for eligible companies
• No VAT on purchase price
• 28.11 sq m (303 sq ft)
• O/O £45,000pa
Location
The property is located to the east of Mitchell Street, adjacent to Gordon Street and in the heart of Glasgow City Centre. The area is characterised by a mix of occupiers with generally retail/cafe use at ground floors with upper floors being utilised for office purposes. The property occupies an excellent position, being within a few minute’s walk of Central Station and directly adjacent to Glasgow’s main retail thoroughfare, Buchanan Street. Regular bus services pass along numerous adjacent streets including Renfield Street and Argyll Street. The property is also within minutes’ walk of three multi storey car parks.
The property is well served by a mix of cafes, coffee shops and restaurants which are located immediately adjacent and include Barolo, Pret a Manger, Sugo Pasta and Henry Healy.
The office is formed within the fourth floor of the building. The remainder of the upper floors of the building are generally occupied by a mix of professional companies.
Description
The office suite is formed within Gordon Chambers, a traditional chambers building constructed of solid sandstone and built around 1905. The building was designed by Burnet, Boston & Carruthers in the Baroque style. The office is located at fourth floor level and is accessed via a manned passenger lift and stairwell. The building has a tenant directory board at street level and also benefits from access 24/7 with CCTV coverage in the common areas.
Access to the office suite is via an entranceway formed off the main corridor at 4th floor level.
Internally, the space has been subdivided to form main open plan office and further private office / meeting room, both of which enjoy excellent natural daylight via windows to the lightwell. In addition, there is a kitchen area which includes wall and floor mounted units along with sink etc. Floors are finished in laminate, with plastered and painted walls and a and suspended acoustic tiled ceiling incorporating modern light fittings.
Heating within the space is via electric wall mounted units.
There are shared male and female toilet facilities which are accessed from the adjacent corridor area.
Areas/Accommodation
From sizes taken at the time of our inspection, and in accordance with the current RICS Code of Measuring Practice, we calculate the property to extend to a net internal area of 28.11 sq ft (303 sq ft).
Rating
The property is entered in the Assessors Valuation Roll at a Rateable Value of £2,200.
The property is eligible for 100% rates relief under the Scottish Government’s Small Business Bonus Scheme.
Price
Offers over £45,000 are sought.
Tenancy
The space is currently let on a lease which expires in April 2027, with the current tenant paying a rent of £4,000pa. Further information is available via the Selling Agent.
VAT
There is no VAT payable on the purchase price.
Energy Performance
A full copy of the EPC can be made available to interested parties upon request.
Legal Costs
Each party will bear their own legal costs in the transaction. The purchaser will be responsible for the cost of any Registration Dues, with the purchase level being under the LBTT threshold.
Viewing and further information
Available by contacting the Sole Selling Agent:
Thomson Property Consultants
180 West Regent Street
Glasgow
G2 4RW