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George House 50 George Sq
99,740 SF 80% Leased 4-Star Office Building Glasgow G2 1EH $20,501,479 ($206/SF) 11.31% Cap Rate
Investment Highlights
- Landmark city centre office.
- Arranged over ground and 5 upper floors, arranged around a central courtyard together with 31 car parking spaces.
- George House benefits from excellent connectivity with immediate access to Queen Street rail station.
Executive Summary
A purchase at this level would reflect a net initial yield of 11.31%, based on standard purchaser’s costs of 6.73% and an attractive capital value of £166 per sqft.
Property Facts
Amenities
- Courtyard
- Raised Floor
- Security System
- Energy Performance Rating - B
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
The space comprises 568 SQ FT of office space arranged over the ground floor. The space will undergo comprehensive refurbishment with LED Lighting, comfort cooling, raised floors and wc.
The space comprises 9,961 SQ FT of office space arranged over the first floor. The space will undergo comprehensive refurbishment with LED Lighting, comfort cooling, raised floors and wc.
The space comprises 9,961 SQ FT of office space arranged over the first floor. The space will undergo comprehensive refurbishment with LED Lighting, comfort cooling, raised floors and wc.
Space | Size | Space Use | Condition | Available |
Ground-Ste B | 568 SF | Office | Full Build-Out | Now |
1st Fl-Ste North | 8,835 SF | Office | Full Build-Out | Now |
1st Fl-Ste South | 10,379 SF | Office | Full Build-Out | Now |
Ground-Ste B
Size |
568 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
1st Fl-Ste North
Size |
8,835 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
1st Fl-Ste South
Size |
10,379 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
Ground-Ste B
Size | 568 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
The space comprises 568 SQ FT of office space arranged over the ground floor. The space will undergo comprehensive refurbishment with LED Lighting, comfort cooling, raised floors and wc.
1st Fl-Ste North
Size | 8,835 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
The space comprises 9,961 SQ FT of office space arranged over the first floor. The space will undergo comprehensive refurbishment with LED Lighting, comfort cooling, raised floors and wc.
1st Fl-Ste South
Size | 10,379 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
The space comprises 9,961 SQ FT of office space arranged over the first floor. The space will undergo comprehensive refurbishment with LED Lighting, comfort cooling, raised floors and wc.
Learn More About Investing in Office Space
Presented by
George House | 50 George Sq
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