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41 St Vincent Pl 20,743 sq ft 100% Let Office Property Glasgow G1 2ER £690,000 (£33.26/sq ft) 11.45% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prime City Centre Investment
- Office accommodation across 1st, 4th, 5 th and 6th floors
- Prime location fronting onto Buchanan Street
EXECUTIVE SUMMARY
The premises are meticulously designed to offer contemporaryand adaptable office accommodation across the 4th, 5th, and 6th floors. The workspace is configured to provide maximum flexibility, incorporating an all-inclusive rental structure that encompasses access to a suite of shared amenities, including well-appointed communal areas, fully equipped kitchen facilities, and modern WC provisions. Tenants benefit from a fully furnished and secure working environment, enhanced by high-speed fiber-optic broadband
connectivity. The first floor is occupied by Giant Risk Solutions on a 10 year lease. This floor comprises of modern cellular office space with dedicated W/C and Kitchen facilities. Total Gross Rent £117,880 per annum
connectivity. The first floor is occupied by Giant Risk Solutions on a 10 year lease. This floor comprises of modern cellular office space with dedicated W/C and Kitchen facilities. Total Gross Rent £117,880 per annum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
20,743 sq ft
Costar Property Class
B
Year Built
1850
Price
£690,000
Price per sq ft
£33.26
Yield
11.45%
NOI
£79,005
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
8
Typical Floor Size
2,470 sq ft
Plot ratio
6.91
Total Plot Size
0.07 ac
AMENITIES
- Bus Route
- Conferencing Facility
- Security System
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41 St Vincent Pl
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