Glasgow City Centre Investment opportunity. Business Centre or office in outstanding location offering potential for exceptional income stream.
Located in the heart of Glasgow's Central Business District, 95 Morrison Street is an iconic property in Glasgow's bustling Tradeston area. Boasting a timeless French Renaissance style facade, the property comprises a mix of private apartments and commercial premises.
Unit 4 offers the opportunity to acquire an exceptional 4,500-square-foot office with 14 office spaces and 12 hot desks offering potential income in excess of £250,000 per year where run as professional business centre.
Each office has all glass fronts with insulated soundproofed walls, lockable doors, and modern desks and chairs. This versatile unit is categorised as Class 4, suitable for a variety of professional office users, research and development, or light industry.
95 Morrison Street is a superb, recently refurbished business centre, providing excellent amenities, including a central courtyard with outdoor seating, and superior access to a vibrant community. The property also features a bookable boardroom for up to 12 people, fully equipped with a video conferencing suite facility.
In excess of £400,000 has been spent on upgrades and refurbishment to this unit- Turn-key investment opportunity in amazing city centre location.
Located on the southern side of the River Clyde, 95 Morrison Street sits prominently in the increasingly popular Tradeston area.
Tradeston has recently undergone significant regeneration via the Buchannan Wharf development, one of Scotland's largest construction projects, providing a collection of shops, cafes, restaurants, and bars.
The Quay is also approximately 0.2 miles (five-minute walk) from the property, home to a myriad of leisure activities, including restaurants, bars, bowling, and cinema. The area benefits from various transport links, including nearby Central Station and Bridge Street Subway Station.
West Street Subway Station is located a short distance to the south whilst regular bus routes operate along Morrison Street and Paisley Road West, to and from the city. Glasgow city centre lies a short distance to the north whilst Junctions 20 and 21 of the M8 motorway allow excellent access to the property.
The property has a realistic potential rental income of £22,000 per month or £264,000 per annum (assuming full occupancy) making it a lucrative investment in the heart of Scotlands busiest city.
This area enjoys strong demand for residential property giving the additional possibility of residential conversion (subject to consent).
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