50 Waterloo St
Glasgow G2 6HQ
Atrium Court · Office Property For Sale
INVESTMENT HIGHLIGHTS
- A high profile landmark office building on Waterloo Street, one of Glasgow’s best business addresses.
- Large and flexible floor plates.
- Atrium Court is prominently positioned within the CBD just 160 yards from Glasgow Central Station, Scotland’s largest and busiest railway station.
EXECUTIVE SUMMARY
Offers are sought in excess of £13,000,000 (Thirteen Million Pounds Sterling) exclusive of VAT. A purchase at this level would reflect a net initial yield of 10.87% and a capital value of £125 per sq ft
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PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
104,015 SF
Building Class
B
LoopNet Rating
4 Star
Year Built/Renovated
1988/2014
Price
$16,377,333
Price Per SF
$157
Cap Rate
10.87%
NOI
$1,780,216
Percent Leased
100%
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
14,859 SF
Building FAR
0.83
Lot Size
2.87 AC
Parking
43 Spaces (0.41 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Raised Floor
- Kitchen
- Energy Performance Rating - B
- Basement
- Common Parts WC Facilities
- Direct Elevator Exposure
- Shower Facilities
- Drop Ceiling
- Air Conditioning
