Commercial Property for saleMorrison Street Glasgow, Glasgow
Under Offer £140,000
Recently reduced Selling price - £140 000
Investment Opportunity: Rent £10,350 PA and £500 PA Management Fee paid by the tenant.
Yield - 7.2 %
Lease until July 2020!
Recently £1.5 Million has been spend upgrading the building as a whole which included the upgrade of a new roof. Located within Glasgow City Centre these Show-Room/Office Premises offer Super Frontage with large arched windows and doorway. This is a popular location which is close to heart of the financial business district of Glasgow City Centre. Two parking spaces are allocated for the unit and there is also ample parking for clients/staff/customers. It is a perfect Office or Show-room ideally located for Glasgow City Centre, Sheriff Court & Underground Stations; West Street, Bridge Street & Shields Road. A brisk walk over the new pedestrian/cyclist “squiggly Bridge” and one is in the city centre. Across the street one is at the very popular Pacific Quay which has parking, Odeon cinema, bingo, casino, bowling and cornucopia of eating establishments.The property is within a B-listed building of traditional sandstone construction, built in 1893 by architects Bruce and Hay. Unique renowned building with an array of tenants including Erinaceous Property Management, approximately 130 proprietors’/occupiers predominantly residential with a handful of prestigious firms on the ground level. Very large catchment area alongside passing trade, due to the proximity. Inside area is approx 1571 sq ft, with kitchen, toilet and storage facilities. Currently it has class 2 usage.
For further information or to arrange a viewing please contact:
0141 221 2600
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