199-213 Sauchiehall St
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199-213 Sauchiehall St
19,961 SF 100% Leased Office Building Glasgow G2 3EX $1,077,313 ($54/SF)
Investment Highlights
- Benefits from some short term income totalling approximately £157k gross.
- Well connected to main transport hubs and a short distance from Glasgow's Universities.
- Potential for re-development into alternative uses including student accommodation or serviced apartments subject to obtaining planning consents.
Executive Summary
Edward House is a traditional sandstone grade B listed building and comprises basement, ground, first, second and third floors. Historically the offices on the upper floors were accessed from West Campbell Street and the first floor formed part of the retail unit albeit access is currently from both.
The building currently comprises well laid out office space on the second and third floors which are refurbished to a good standard and the basement, ground and first floors are currently in retail use. There is a lift servicing the office areas.
The property occupies a prominent corner location on one the city's prime retail thoroughfares, Sauchiehall Street, at its junction with West Campbell Street, with easy entrances to the building from both streets.
The building currently comprises well laid out office space on the second and third floors which are refurbished to a good standard and the basement, ground and first floors are currently in retail use. There is a lift servicing the office areas.
The property occupies a prominent corner location on one the city's prime retail thoroughfares, Sauchiehall Street, at its junction with West Campbell Street, with easy entrances to the building from both streets.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
19,961 SF
Building Class
B
Year Built
1875
Price
$1,077,313
Price Per SF
$54
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
3,992 SF
Slab To Slab
10’
Building FAR
2.70
Land Acres
0.17 AC
Amenities
- 24 Hour Access
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199-213 Sauchiehall St
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