Landmark building in Glasgow’s CBD

A core plus, mixed-use office/retail investment situated in the heart of Glasgow city centre. The property benefits from significant recent capital investment, with the refurbishment completed to a high specification. The building provides 69,707 sq ft (6,476 sq m) of modern office and retail accommodation over ground and seven upper floors, with 22 dedicated car parking spaces provided to the rear of the building and at basement level. Open plan floor plates with suites ranging from 749 sq ft to 9,634 sq ft, capable of suiting a range of size requirements. Mix of traditional offices space and fully fitted office suites on the upper floors. Immediate value-add potential to let up the remaining vacant office space and re gear the existing leases. Tenants include Tesco Insurance and Money Services, Arthur J Gallagher, MSC, XMA, Navitas Digital, Subway and Bright Horizons Family Solutions producing a current gross rent of £1,687,038 per annum. EPC Rating of “B” ERV of £1,972,167 Blended WAULT of 3.14 years to earliest lease breaks and 4.68 years to lease expiries. Heritable tenure (Scottish Equivalent of English freehold). Opportunity to acquire the SPV.