Medical Investment Opportunity, Unit 4 - 160 Bothwell Street, Glasgow, G2 7EL
Size
3,250
Tenure
Freehold
EPC
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Parking
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- Primary use
- Other
No floor / site plan
Key features
- Well-let medical investment opportunity
- Located within the heart of Glasgow City Centre
- Let to Elegance Empire Scotland Ltd expiring for 10 years from July 2024, no breaks
- Passing rent of £55,000 per annum (£16.92/sq ft) with OMR in July 2029
- Fitted out to an exceptionally high standard, recent capex approx £500K
- Offers over £650,000 invited reflecting a NIY of 8% after purchasers costs
Description
Externally benefits from an extensive full height glazed modern shopfront with customer entrance.
The tenant has undertaken an impressive fit-out with attractive front reception / waiting area with treatment rooms beyond complete with WC's.
There is an impressive mezzanine level with additional treatment rooms provided.
The subjects are located within the heart of Glasgow City Centre on the north side of Bothwell Street between its junctions with Pitt Street & Douglas Street.
Bothwell Street is within the core part of Glasgow's Central Business District with numerous major office developments underway including Aurora, Lucent and 177 Bothwell Street.
Metered on-street parking is provided to the front of the subjects and there are numerous nearby multi-storey car parks. Glasgow Central Station and Buchanan Street Underground Station are within a 5-10 minute walk.
Neighbouring occupiers include The Gym Group, Lunalove Pilates, Eveleyn Partners, Pinsent Mason and CBRE.
The subjects are let to Elegance Empire Scotland Ltd ( SC805417) from July 2024 for 10 years without breaks and an option to extend for 10 years at expiry.
The passing rent is £55,000 per annum (£16.92/sq ft) and is subject to an OMR in July 2029.
- Service charge
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- Business rates
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- Use class
- 1A
- Listed building
- No
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Medical Investment Opportunity, Unit 4 - 160 Bothwell Street, Glasgow, G2 7EL
About G M Brown, Glasgow
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Disclaimer - Property reference 348336-1. 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 G M Brown, 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.