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 opportunityFully let to 4 x separate tenantsTotal rental income of £60,430 per annumLow average rent of £16.41/sq ftWAULT of 2.42 yearsElected 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)
Description | Sale type | Guide price | Price type |
|
For Sale Freehold
|
£750,000.00
| NA |
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