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61 Bath St
Glasgow G2 2DG

Office Property For Sale · 18,488 SF

Investment Highlights

  • Established retail & leisure location
  • The unit benefits from year-round footfall
  • Within close proximity to Buchanan and Sauchiehall Street

Executive Summary

The property is situated on the south of Bath Street, between Renfield Street and Hope Street. It is within a short walking distance to Glasgow Queen Street station and Buchanan Street Subway/ Bus station. The area has seen sustained investment with new office / hotel / student developments and public realm works on Sauchiehall Street creating great accessibility to the city centre. The unit benefits from year-round footfall with its close proximity to Buchanan Street and Sauchiehall Street.

PROPERTY FACTS

Unit Size 3,768 SF
No. Units 1
Total Building Size 18,488 SF
Property Type Office (Condo)
Sale Type Investment
Building Class B
Floors 4
Typical Floor Size 4,622 SF
Year Built 1887

1 Unit Available

Unit 61

Unit Size 3,768 SF
Condo Use Retail
Sale Type Investment
Tenure Freehold
Cap Rate 11.00%
NOI $67,832.57
Description

The unit is on the lower ground of a 5-storey building of stone construction, with dedicated access from Bath Street. The premises has been heavily furnished to the tenant’s specification who recently undertook an extensive refurbishment programme.

Sale Notes

Opportunity to purchase a well-located city centre leisure investment.

Currently let to Rishi’s Indian Cuisine at an annual rent of £55,000 per annum reflecting a rate of £14.60 psf.

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Amenities

  • Storage Space
  • Air Conditioning
  • Listing ID: 30876137

  • Date on Market: 2/5/2024

  • Last Updated:

  • Address: 61 Bath St, Glasgow G2 2DG

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