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Morrison Street, Glasgow, G5

Fixed Price
£690,000

£153.33 per sq ft

Business rates & charges may apply

SMK Business Centre, Glasgow
SIZE AVAILABLE

4,500-4,501 sq ft

418 sq m

SECTOR

Serviced office for sale

USE CLASSUse class orders: B1 Business

B1

Key features

  • Recently refurbished business centre offering an exceptional 4,500-square-foot office featuring 14 internal offices and hot desks for 12 people.
  • One large boardroom with video conferencing and can accommodate up to 12 people is present on-site, which can be booked on request.
  • Tradeston benefits from the easy transport connections in the city, including the M8, M77, M74, and Clydeside Expressway, just a few minutes away.
  • Shields Road and West Street subway stations are both around 5 minutes away on foot, while Central Station is a 10-minute walk.
  • Will be sold as seen with all equipment
  • Shields Road and West Street subway stations are both around 5 minutes away on foot, while Central Station is a 10-minute walk.
  • Potential rental income of £20,290
  • Assuming 80 hours per month boardroom rental provides £2,800 per month
  • Net profit on the property being £277,080 minus £66,000 equals £211,080
  • Ideal investment Opportunity

Description

SALE OF SMK BUSINESS CENTRE
4 The PIAZZA,
95 Morisson Street.
Tradeston.
Glasgow. G5 8BE

Key features
* Recently refurbished business centre offering an exceptional 4,500-square-foot office featuring 14 internal offices and hot desks for 12 people.
* One large boardroom with video conferencing and can accommodate up to 12 people is present on-site, which can be booked on request.
* Tradeston benefits from the easy transport connections in the city, including the M8, M77, M74, and Clydeside Expressway, just a few minutes away.
* Shields Road and West Street subway stations are both around 5 minutes away on foot, while Central Station is a 10-minute walk.
* Will be sold as seen with all equipment which has only recently been purchased.
* Shields Road and West Street subway stations are both around 5 minutes away on foot, while Central Station is a 10-minute walk.
* Potential rental income of £20,290
* Net profit on the property being £243,480 per annum minus overheads of £66,000 equates to a net profit of £177,480 per annum.
* Ideal investment Opportunity to purchase as a whole office or as a business centre.
Description

95 Morrison Street is an iconic property in Glasgow's bustling Tradeston area. Boasting a timeless French Renaissance style façade, the property comprises a mix of private apartments and commercial premises. Unit 4 offers the opportunity to acquire an exceptional 4,500-square-foot office with 14 individual office spaces and 12 hot desks with the possibility to share hot desks. Each office has glass fronts with insulated soundproofed walls, lockable doors, natural light, and modern desks and chairs. This versatile unit is categorised as Class 4, suitable for a variety of professional office users, research and development, or light industry.
The unit is fully equipped with direct fibre broadband, 200MB down and 200MB up with city fibre and potential upgrading to 1 GB Up. There are 3 unified access points, a cloud controller to enable remote monitoring and multiple network points in every office. There is also a modern mechanical ventilation plant enabling 10 air changes per hour through Hepa filters. This makes the offices suitable for working when some viruses are present. The unit also has a fully fitted kitchen, a reception area with space for an additional 5 people and shower facilities. 95 Morrison Street is a superb, recently refurbished business centre, providing excellent amenities, including a central courtyard with outdoor seating, and superior access to a vibrant community. The property also features a bookable boardroom for up to 12 people, fully equipped with a video conferencing suite facility. The unit could also be interesting to companies looking for an office with privacy and independent offices for management as well as multi occupancy offices for small departments.

Located on the southern side of the River Clyde, 95 Morrison Street sits prominently in the increasingly popular Tradeston area. Tradeston has recently undergone significant regeneration via the Buchannan Wharf development, one of Scotland's largest construction projects, providing a collection of shops, cafes, restaurants, and bars. The Quay is also approximately 0.2 miles (five-minute walk) from the property, home to a myriad of leisure activities, including restaurants, bars, bowling, and cinema. The area benefits from various transport links, including nearby Central Station and Bridge Street Subway Station. West Street Subway Station is located a short distance to the south whilst regular bus routes operate along Morrison Street and Paisley Road West, to and from the city. Glasgow city centre lies a short distance to the north whilst Junctions 20 and 21 of the M8 motorway allow excellent access to the property.

Morrison Street, Glasgow, G5

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • West Street Station0.3 miles
  • Bridge Street Station0.4 miles
  • Anderston Station0.4 miles

About SMK Business Centre, Glasgow

SMK Business Centre, 4 The Piazza, 95 Morrison Street, Glasgow, G5 8BE

Notes

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Disclaimer - Property reference 95MorrisonSt. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SMK Business Centre, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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