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Prestigious Townhouse Investment, 25 Blythswood Square, Glasgow, G2 4BL

3,744 Sq Ft / Offices

For Sale - £750,000.00

Under Offer - Last updated: 06 November 2024

Summary

Mid-terraced prestigious townhouse arranged over lower ground, ground, first and second floors.

Access via ground floor level via secure door entry system into attractive communal areas with original features.

Each suite provides bright open-plan accommodation with meeting rooms with male & female WC's and kitchen tea-preps.


Key Points

  • Prime investment opportunity
  • Fully let to 4 x separate tenants
  • Total rental income of £60,430 per annum
  • Low average rent of £16.41/sq ft
  • WAULT of 2.42 years
  • Elected for VAT, however, sale anticipated to be by way of TOGC

  • Tenancy Information

    LG - Let to Dr Anne Gillespie - £13,000 pa (£12.04/sq ft) - expiry in March 25.

    Ground Floor - Let to Redmayne Bentley LLP - £13,317.50 pa (£17.50/sq ft) - expiry in July 28.

    1st Floor - Let to Morrice MacFeate Search & Consultancy Ltd - £18,112.50 pa (£17.50/sq ft) - expiry in February 25.

    2nd Floor - Let to Isle of Harris Distillers Limited - £16,000 pa (£18.43/sq ft) - expiry in June 29.

    Location

    Blythswood Square is considered to be one of Glasgow's most prestigious business locations with beautiful open aspects onto communal central gardens. The subject property is situated on the west side of Blythswood Square by its junction with West Regent Street and Douglas Street.

    Convenient access to public transport links are provided with Cowcaddens Underground, Glasgow Central & Queen Street Railway Stations and Buchanan Bus Station all a short walk away.

    Metered on-street parking provided as well as various nearby multi-storey car parks.

    Nearby occupiers include Chivas Regal, Bruichladdich Whisky, Scottish Friendly Assurance Society, Blythswood Hotel and Malmaison Hotel

    Property Quote Price(s)

    DescriptionSale typeGuide pricePrice type
      For Sale Freehold £750,000.00 NA

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    Contact agents

    Gregor Brown

    G M Brown

    0141 432 1268

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