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
.

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
$16,360,022
Price Per SF
$157
Cap Rate
10.87%
NOI
$1,778,334
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
  • Listing ID: 33582438

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 50 Waterloo St, Glasgow G2 6HQ