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City Centre Development Opportunity, 54-64 Oswald Street, Glasgow, G1 4PL

1,349 Sq Mt / Retail / Or Office Use

For Sale

Available - Last updated: 15 October 2024

The subjects comprise a 4 storey building, with lightwell.
 
There are a number of small shop units on the ground floor along with a large nightclub on both ground and basement levels.
 
The upper floors combine 3 separate floors of offices all serviced by a lift from the ground floor reception area.
 
The shops and nightclub also benefit from access and servicing from Midland Lane which runs at the rear of the property.
 
As the various tenants are unaware of the possible sale please do not discuss or alert them and all viewings should be via Dalkin + Co.

Location

Glasgow has Scotland's largest economy and with a resident population of 650,000 and a catchment of around 2 million it is also Scotland's largest City.
 
The property is located in the INTERNATIONAL FINANCIAL SERVICES DISTRICT on the east side of Oswald Street close to its junction with Argyle Street a short distance from GLASGOW CENTRAL TRAIN STATION in the heart of the City Centre.
 
The surrounding area has seen a number of recent developments coming to fruition including MOTEL ONE next door and YOTEL whilst RADISSON BLU is undergoing a refurbishment, directly across the road.
 
There has also been significant new office buildings developed in the immediate area including the new J P MORGAN Headquarters whilst BARCLAYS BANK COMPLEX is only 400 yards from the property.
 
ST ENOCH SHOPPING CENTRE and the prime retail area of BUCHANAN STREET are a short distance from the property whilst there is a large multi storey NCP car park 20 yards from the property.

Accommodation

54 - Shop - 47.6 sq m

56 - Nightclub - over ground & basement

58 - Shop - 52.7 sq m

60 - Shop - 58.8 sq m

62 - Shop - 58.2 sq m

64 (1st Floor) - Office - 353.8 sq m

64 (2nd Floor) - Office - 388.6 sq m

64 (3rd Floor) - Office - 389.3 sq m

Terms

PRICE
Offers are invited for our clients interest.
 
VAT
All prices , premiums and rents quoted are exclusive of VAT.
 
ENTRY
The property is available to purchase immediately although the client is also willing to consider conditional offers.
 
Tenants - For a detailed view of tenants, please view attached brochure.
 
ALL OF THE GROUND FLOOR TENANTS HAVE BEEN IN OCCUPATION FOR A MINIMUM OF 10 YEARS - THE UPPER FLOORS HAVE BEEN IN OCCUPATION SINCE 2021 + 2022.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers Invited For Sale Freehold NA NA

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Colin Dalkin

Dalkin & Co

0141 432 1340

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