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Business Centre, 95 Morrison Street, Glasgow City Centre, City Of Glasgow, G5 8BE

Guide Price
£875,000

Business rates & charges may apply

Braveheart Auctions Limited, Edinburgh
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SECTOR

Commercial property for sale

Description

Glasgow City Centre Investment opportunity. Business Centre or office in outstanding location offering potential for exceptional income stream.

Located in the heart of Glasgow's Central Business District, 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 office spaces and 12 hot desks offering potential income in excess of £250,000 per year where run as professional business centre.

Each office has all glass fronts with insulated soundproofed walls, lockable doors, 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.

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.

In excess of £400,000 has been spent on upgrades and refurbishment to this unit- Turn-key investment opportunity in amazing city centre location.

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.

The property has a realistic potential rental income of £22,000 per month or £264,000 per annum (assuming full occupancy) making it a lucrative investment in the heart of Scotlands busiest city.

This area enjoys strong demand for residential property giving the additional possibility of residential conversion (subject to consent).

Enquire now with one of our dedicated property experts.


Be Brave...Follow your heart.

Business Centre, 95 Morrison Street, Glasgow City Centre, City Of Glasgow, G5 8BE

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 Braveheart Auctions Limited, Edinburgh

5 South Charlotte Street, Edinburgh, Scotland, EH2 4AN

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Disclaimer - Property reference 417FH. 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 Braveheart Auctions Limited, Edinburgh. 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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