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UNDER OFFER

21 Elmbank Street, Glasgow, G2 4PB

Offers in Excess of
£475,000

£99.69 per sq. ft.

Business rates & charges may apply

Thomson Property Consultants, Glasgow
SIZE AVAILABLE
4,765 sq. ft.
(443 sq. m.)
SECTOR
Office for sale
USE CLASS
Use class orders: A2 Financial and Professional Services and B1 Business
A2, B1

Key features

  • Listed townhouse building, part of traditional terrace
  • Prominent frontage
  • Designed over four floors
  • Period features
  • Suitable for retail, office or alternative use
  • Close to M8 and adjacent to Charing Cross railway station
  • NIA 442.77 sq m (4,765 sq ft)
  • GIA 605.21 sq m (6,514 sq ft)

Property description

Location
The building is located to the west of Elmbank Street, between St Vincent Street and Sauchiehall Street and within Glasgow City Centre.

The property is located a short distance south of Charing Cross railway station and is close to the M8 with access at Junctions 18 and 19. Regular bus services are close at hand and St Georges Cross subway station is within 10 minutes walk.

The property is located in an area of mixed use, with the newly created Sauchiehall Avenue, formed within Sauchiehall street being a vibrant location for casual dining and leisure uses, whilst Scottish Power's headquarters building and St Vincent Plaza (office development) are located a short distance south of the property.

The west side of Elmbank Street is characterised by period townhouse properties similar to the property, with occupiers including Sir Robert McAlpine, Scotwest Credit Union and Safestay Hotel. The east side of the street comprises The Old High School complex and it is understood this is to be re-developed for a mixed use scheme.


Description
The property comprises a 'B' listed traditional 4 storey terraced townhouse building, which has been extended to front and rear. The building is accessed via a cantilevered stair which leads to ground floor level, which in turn provides access to the lower ground and upper floors.

The main building is constructed of solid sandstone, with a pitched, timber framed and slated roof, with the rear projection designed over lower ground and ground floor being constructed of brick with a flat asphalt roof.

Internally, the space provides accommodation as follows:

Lower ground floor: Large open plan room/hall, stores boiler room and male and female toilet facilities

Ground floor: Display window area, two rooms (currently used for storage), large room to rear (currently used as retail sales)

First Floor: Three offices and male/female toilet facilities

Second floor: Four office rooms, one of which is currently used as a tea prep area

The original townhouse building benefits from a number of original features including ornate cornicing, cupula, cast iron radiators and sash and casement windows.

The finishes are traditional within the main townhouse, with the accommodation being generally cellular. Floors are of concrete or suspended timber, with lath and plaster or plastered walls and lath and plaster ceilings, although some alterations have been made to the original finishes.

The more modern extension to the rear is mainly open plan with more modern finishes throughout.


Planning/alternative use
The property is a Category 'B' listed building. The building s currently utilised for office and retail purposes, but could be converted for alternative use eg. residential, religious organisation, subject to planning.


Areas/Accommodation
From sizes taken at the time of our inpsection, and in accordance with the current RICS Code of Measuring Practice, we calculate the property to extend to the following areas:

Net internal areas
Lower ground floor: 135.86 sq m (1,462 sq ft)
Ground floor: 158.81 sq m (1,709 sq ft)
First floor: 68.36 sq m (736 sq ft)
Second/attic floor: 79.74 sq m (858 sq ft)
TOTAL: 442.77 sq m (4,765 sq ft)

Gross internal areas
Lower ground floor: 200.66 sq m (2,160 sq ft)
Ground floor: 206.00 sq m (2,217 sq ft)
First floor: 100.08 sq m (1,077 sq ft)
Second/attic floor: 98.47 sq m (1,060 sq ft)
TOTAL: 605.21 sq m (6,514 sq ft)


Rating
The property has a Rateable Value of £42,000.

The current Uniform Business Rate (2020/21) is £0.49.


Price
Offers over £475,000 are sought.


VAT
We understand that there is no VAT payable on the purchase price.


Energy Performance
The property has an EPC rating of [TBC]. A full copy of the EPC can be made available to interested parties upon request.


Legal Costs
Each party will bear their own legal costs in the transaction. The purchaser will be responsible for the cost of any Registration Dues or LBTT.

Energy Performance Certificates

EPC

Brochures

21 Elmbank Street, Glasgow, G2 4PB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Charing Cross (Glasgow) Station0.3 miles
  • Anderston Station0.3 miles
  • Cowcaddens Station0.4 miles

About Thomson Property Consultants, Glasgow

2nd Floor, 180 West Regent Street Glasgow G2 4RW

Thomson Property Consultants, Glasgow

Thomson Property Consultants offers professional advice on all aspects of the commercial property market in Scotland, with particular emphasis on commercial agency and rent reviews.

The company is owned and managed by Eric Thomson BSc Hons MRICS who has 17 years experience in the commercial property market, and is a qualified Chartered Surveyor and RICS Registered Valuer. We aim to provide a flexible, competitive service, but most importantly, deliver the best possible result for our cl

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Notes

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Disclaimer - Property reference TPC491a. 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 Thomson Property Consultants, 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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