· Recently refurbished to a high standard.
· Ready for immediate occupation.
· Category ‘A’ Listed traditional building.
· Immediate proximity to city centre amenities.
· Net internal area of 184.65 sq.m (1,988 sq.ft).
· Offers in excess of £150,000 are invited.
Location
The property is situated on the east side of Buchanan Street in Glasgow City Centre, between its junctions with West George Street and Bath Street. The property is immediately adjacent to Buchanan Street Subway Station. Queen Street Railway Station is also immediately to the east of the subjects and Glasgow Central Station is a short distance to the south west. Buchanan Bus Station is a short distance to the north providing regular bus routes throughout Scotland.
Buchanan Street is widely accepted as being the second busiest shopping thoroughfare in the UK after Oxford Street in London. Local amenities are therefore exceptional and there is a wide variety of restaurants, bars, cafes and bistros within short walking distance.
Accommodation
DESCRIPTION
The property is a traditional office suite situated in the front section of the fourth floor level within a traditional seven storey and attic city centre building of traditional red sandstone construction. The building itself was designed by John A Campbell and built in 1898. The building was Category ‘A’ Listed by Historic Scotland on 15th December 1970.
The main elevations are a mixture of brick and red sandstone. The roof is of a pitched, timber framed and boarded design, finished externally we assume with slate tiles. There is a common entrance close and stairwell, together with an
attended passenger lift which serves all floors within the building. The fourth floor offices are entered from a common landing/passageway. The subjects are of a traditional chambers style office layout and design, typical of similar building throughout Glasgow. The layout provides for a cellular format and in total providing seven individual office rooms, comprising a mixture of private and open plan accommodation.
Separate male and female toilet facilities are entered from the common hall/landing. These are shared in common the occupier
of the fourth floor (rear) suite. The toilets provide a range of sanitary fittings to an acceptable style and specification.
The subjects have recently undergone a full internal refurbishment programme, completed to an excellent standard of fit-out as office accommodation. We understand that the recent refurbishment consisted of new carpeted floor coverings, freshly decorated walls and ceilings, new fluorescent tube light fittings, new data and telephone cabling and new electric wall mounted radiators throughout the property.
Generally speaking the property can be described as being in walk in condition for an office occupier.
FLOOR AREAS
In accordance with the RICS Code of Measuring Practice (6th
Edition), the property has a net internal area of 184.65 sq.m (1,988 sq.ft), or thereby.
RATEABLE VALUE
From scrutiny of the Scottish Assessor’s website, we understand that the subjects are entered into the valuation roll with a split listing as follows:-
Suite 4.06 NAV/RV £1,650
Suite 4.07 NAV/RV £750
Suite 4.08 NAV/RV £9,750
Ingoing occupiers will have the right to appeal the rateable value within the first 6 months of occupancy and may be eligible for relief under the small business bonus scheme.
Terms
Offers are invited in excess of £150,000 for our client’s heritable interest in the property.
We would advise interested parties to notify DM Hall of their interest in order to be kept informed of any future closing date that may be set.