Business Centre SMK Business Centre, 95 Morrison Street, Glasgow, G5 8BE
- PROPERTY TYPE
Commercial Development
- SIZE
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Key features
- • PRIME NEW LISTING. We are excited to present this commercial unit with 4600 sqft of floor space, occupying the entire bottom floor, located within a prime location in Glasgow.
- •: **Business Centre SMK Business Centre, 95 Morrison Street, Glasgow, G5 8BE could potentially create a gross monthly income of £18,000 and a £177,000 per annum net income.**
- • This property offers a lucrative opportunity as a premium serviced centre, featuring 14 private offices, 8 hot desks, and a personal reception. This configuration has the potential to generate su
- • Additionally, the property presents itself as a promising long-term commercial investment, ideally suited for diverse industries such as technology, finance, and healthcare. The previous occupier
- • Furthermore, the property holds potential for conversion into an 8-bedroom hostel, pending research and gaining necessary consents. An earlier application for this conversion has been made, sugge
Description
- PRIME NEW LISTING. We are excited to present this commercial unit with 4600 sqft of floor space, occupying the entire bottom floor, located within a prime location in Glasgow.
- : **Business Centre SMK Business Centre, 95 Morrison Street, Glasgow, G5 8BE could potentially create a gross monthly income of £18,000 and a £177,000 per annum net income.**
- This property offers a lucrative opportunity as a premium serviced centre, featuring 14 private offices, 8 hot desks, and a personal reception. This configuration has the potential to generate substantial monthly and annual income.
- Additionally, the property presents itself as a promising long-term commercial investment, ideally suited for diverse industries such as technology, finance, and healthcare. The previous occupier secured a rental of £9,000 per calendar month, equivalent to £108,000 annually.
- Furthermore, the property holds potential for conversion into an 8-bedroom hostel, pending research and necessary consents. An earlier application for this conversion has been made, suggesting potential revenue exceeding £200,000 per annum based on occupancy and pricing strategies.
PRIME NEW LISTING. We are excited to present this commercial unit with 4600 sqft of floor space, occupying the entire bottom floor, located within a prime location in Glasgow.
The property comprises well-designed office space, offering flexibility for various business needs.
This property offers a lucrative opportunity as a premium serviced centre, featuring 14 private offices, 8 hot desks, and a personal reception. This configuration has the potential to generate substantial monthly and annual income.
Additionally, the property presents itself as a promising long-term commercial investment, ideally suited for diverse industries such as technology, finance, and healthcare. The previous occupier secured a rental of £9,000 per calendar month, equivalent to £108,000 annually.
Furthermore, the property holds potential for conversion into an 8-bedroom hostel, pending research and necessary consents. An earlier application for this conversion has been made, suggesting potential revenue exceeding £200,000 per annum based on occupancy and pricing strategies.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
**Business Centre SMK Business Centre, 95 Morrison Street, Glasgow, G5 8BE could potentially create a gross monthly income of £18,000 and a £177,000 per annum net income.**
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.
For further details on how to have a bidding account created, please contact the team.
Location
Glasgow, a vibrant and cosmopolitan city, is known for its rich history, cultural landmarks, and thriving business environment. Ideally located with excellent transport links, it offers a dynamic setting for businesses to flourish.
Business Centre SMK Business Centre, 95 Morrison Street, Glasgow, G5 8BE
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- West Street Station0.3 miles
- Bridge Street Station0.3 miles
- Anderston Station0.5 miles
About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
Notes
Disclaimer - Property reference 228436138. 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 Prime Property Auctions (Scotland) Ltd, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”