£650,000

Property for sale

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Feudal

Offers over

£650,000

(£200.00/sq. ft)

Property for sale

Bothwell Street, Glasgow G2

3,250 sq. ft

Local area information

Property location

Nearby amenities

  • St Patrick's Primary School 0.3 miles
  • Garnetbank Primary School 0.3 miles
  • Charing Cross (Glasgow) 0.3 miles
  • Anderston 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Glasgow to find out more about the local area.

Features and description

  • Feudal
  • Well-let medical investment opportunity
  • Located within the heart of Glasgow City Centre
  • Let to Elegance Empire Scotland Ltd expiring for 10 years from July 2024, no breaks
  • Passing rent of £55,000 per annum (£16.92/sq ft) with omr in July 2029
  • Fitted out to an exceptionally high standard, recent capex approx £500K
  • Offers over £650,000 invited reflecting a niy of 8% after purchasers costs
Description

The subjects comprise modern medical premises arranged over ground floor and mezzanine levels.

Externally benefits from an extensive full height glazed modern shopfront with customer entrance.

The tenant has undertaken an impressive fit-out with attractive front reception / waiting area with treatment rooms beyond complete with WC's.

There is an impressive mezzanine level with additional treatment rooms provided.

Location

The subjects are located within the heart of Glasgow City Centre on the north side of Bothwell Street between its junctions with Pitt Street & Douglas Street.

Bothwell Street is within the core part of Glasgow's Central Business District with numerous major office developments underway including Aurora, Lucent and 177 Bothwell Street.

Metered on-street parking is provided to the front of the subjects and there are numerous nearby multi-storey car parks. Glasgow Central Station and Buchanan Street Underground Station are within a 5-10 minute walk.

Neighbouring occupiers include The Gym Group, Lunalove Pilates, Eveleyn Partners, Pinsent Mason and cbre.

Terms

The subjects are let to Elegance Empire Scotland Ltd ( SC805417) from July 2024 for 10 years without breaks and an option to extend for 10 years at expiry.

The passing rent is £55,000 per annum (£16.92/sq ft) and is subject to an omr in July 2029.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - G M Brown. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact G M Brown for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Glasgow
  4. Glasgow City Centre
  5. Bothwell Street