The Property
The premises are arranged within four interconnected three storey plus attic and lower ground floor, blond sandstone constructed buildings. The roof over the main building is mansard clad with tiles to the front and a flat roof section.
The Bath Street offices have four ground floor accesses at 193, 195, 197 and 199 Bath Street. There are separate accesses to the lower ground floor. 193 Bath Street provides the main access to the office accommodation. This leads into a main lobby with stairs and lifts to the upper floors. The offices, therefore, are arranged over ground, first, second and attic levels. In addition, the office suites over the ground floor at 195, 197 and 199, all have separate accesses directly from Bath Street.
To the rear of the main building is car parking. In total, there are 9 tandem car parking spaces (18 in total).
Specification
The majority of the office specification includes:
- Suspended ceiling with LG7 lighting.
- Mixture of raised access floors & perimeter trunking.
- Gas central heating.
- Communal male & female toilets.
- Tea Preparation areas.
- Passenger lift.
- Secure door entry system.
- Parking available to the rear of the building.
- Attractive common areas with showers.
- Parking available.
Floor Areas and Rateable Values
The net internal floor areas and Rateable Values are as follows:
| Floor Description | Area Sq. M. | Area Sq. Ft. | Rateable Value |
| Basement | 381.00 | 4,101 | £96.000 |
| Ground Floor | 12.17 | 1,315 | £20,750 |
| Ground Floor | 82.41 | 887 | £10,800 |
| Ground Floor | 140.01 | 1,507 | £17,300 |
| First Floor | 443.52 | 4,774 | £62,000 |
| Second Floor (Suite 1) | 90.58 | 975 | £17,500 |
| Second Floor (Suite 2) | 113.34 | 1,220 | £14,600 |
| Second Floor (Suite 3) | 176.42 | 1,889 | £22,500 |
| Third Floor | 409.98 | 4,413 | £60,500 |
| TOTAL AREA | 1959.42 | 21,091 | £321.950 |
Investment Highlights
The premises, represent a rare opportunity to acquire a well-positioned, mixed-use property in one of Glasgow’s busiest commercial and leisure areas. Situated on Bath Street, close to Sauchiehall Street and Charing Cross, the location benefits from heavy footfall, excellent public transport links, and proximity to major city attractions and business hubs.
The lower ground floor is occupied by Bunker Bar, a long-established and well-known name in Glasgow’s hospitality scene. With a strong local following, themed nights, and consistent trade, the bar provides a stable rental stream. The business is unaffected by the sale and will continue to operate under the lease agreement that is in place.
The upper floors, currently configured as good quality secondary office space, offer significant scope for value enhancement. These floors are suitable for letting to creative businesses, freelancers, professional practices, healthcare, co-working operators, or could be refurbished to create event spaces or meeting rooms.
Development Options
The asset has been managed to gain vacant possession on upper floor space over the short term, to enable redevelopment.
Given its central location and traditional building style, the property lends itself well to redevelopment into residential apartments or student accommodation. Bath Street is surrounded by hotels, university buildings, and major entertainment venues, making it ideal for short-term or long-term living solutions.
Alternatively, the space could be transformed into a serviced aparthotel or serviced apartments, targeting business travellers, tourists, or extended-stay guests.
While change of use would require planning permission, the building is in a zone where mixed-use and residential redevelopment is generally supported by the local authority. In addition, the top floor has historical consent for residential uses. The city’s ongoing demand for both residential accommodation and flexible short stay lodging, makes this an attractive repositioning opportunity.
Opportunity Summary
Whether retained as a mixed-use investment, or transformed into residential or serviced apartments, this property offers significant income potential and capital growth opportunity.
Location
The premises, are ideally located on Bath Street, one of Glasgow’s most vibrant and strategically positioned thoroughfares. Just steps from Sauchiehall Street, the property sits at the heart of the city’s established nightlife and leisure quarter. This central location benefits from high footfall, strong visibility, and excellent connectivity to the wider city and beyond.
The upper floors of the property are well located for office or creative commercial use, benefiting from a central location on Bath Street, one of Glasgow’s core professional and business corridors. This area is home to a mix of law firms, design studios, marketing agencies, and serviced office providers, making it ideal for small-to-mid-sized businesses seeking a city-centre address with character.
The property also offers an excellent location for residential, aparthotel, or student accommodation development, subject to consents. The area enjoys strong demand from a diverse mix of residents, including young professionals, university students, and business travellers.
Accommodation
Tenancy Schedule
The current tenancy schedule is outlined below:
| Unit | Tenant | Area | Lease Start | Expiry | Break | Passing Rental | ERV Rate | ERV Rental |
| Basement | Dawncrest Limited | 4101 | | 16/02/2034 | - | £120,000 | £25.00 | £102,525 |
| GF (199 Bath St) | VACANT | 1,315 | 02/11/2018 | - | - | - | £17.50 | £23,013 |
| Gf | Ecosse Art Limited | 887 | 11/02/2009 | 10/02/2026 | - | £17,500 | £17.50 | £15,523 |
| Gf | Speyside Distillers Limited | 1,507 | 01/10/2014 | 30/09/2025 | - | £20,000 | £17.50 | £26,373 |
| 1st Floor includes car space | Brightwork Limited | 4,774 | 04/08/2015 | 03/08/2025 | - | £75,610 | £15.00 | £75,210 |
| 2nd Floor (suite 1) includes car space | Keltbray Limited | 975 | 26/06/2015 | 26/08/2025 | - | £15,788 | £13.00 | £16,275 |
| 2nd Floor (suite 2) | VACANT | 1,220 | 08/03/2019 | - | - | - | £13.00 | £15,860 |
| 2nd Floor (suite 3) | Dawncrest Limited | 1,220 | - | 30/09/2025 | - | £25,000 | £13.00 | £15,860 |
| 3rd Floor | Watermans Legal Limited | 4,413 | - | 20/07/2032 | 21/07/2029 | £45,000 | £12.50 | £55,163 |
| Car Space 7 & 8 | Watermans Legal Limited | - | - | 19/07/2032 | 21/07/2029 | £7,000 | | £7,200 |
| Car Space 3 | Speyside Distillers Limited | - | | - | - | £3,600 | | £3,600 |
| Car Spaces 4, 9 & 10 | VACANT | - | | - | - | - | | £10,800 |
| Totals | - | 16,311 | | | | £329,498 | | £367,400 |
Terms
The premises have been placed on the market at offers over £3,250,000 for the benefit of the heritable interest, subject to the current occupational leases.
Specification
EPC
The offices have an EPC rating of D.
Additional Information
Viewing strictly by appointment only.
Anti Money Laundering
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, came into force on the 26th June 2017. This now requires us to conduce due diligence on property purchasers. Once an offer has been accepted, the prospective purchaser(s) will need to provide, as a minimum, proof of identity and residence.