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101 Gorbals St - Legal House 18,351 sq ft Office Unit Offered at £1,250,000 in Glasgow G5 9DW
Investment Highlights
- Modern three-storey office building
- Easy access to Glasgow Central Station
- Situated within a major regeneration area
- Prominent corner position fronting Gorbals Street
- Attractive passing rent with asset management opportunities
Executive Summary
Legal House is a modern three-storey multi-let office building prominently positioned on Gorbals Street in Glasgow's city fringe office market. Extending to approximately 18,351 sq ft, the property provides quality accommodation to a range of established legal and professional occupiers. Benefiting from excellent transport connectivity, proximity to Glasgow's courts, and significant surrounding regeneration, the asset offers secure income together with opportunities to enhance value through active management and future rental growth.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 14.99% |
| Sale Type | Investment |
| Net Initial Yield | 14.99% |
| Tenure | Freehold |
Description
Legal House, 101 Gorbals Street, Glasgow, presents a well-located, high-yielding office investment opportunity situated on the southern edge of Glasgow City Centre.
Sale Notes
The property comprises a modern three-storey multi-let office building extending to approximately 18,351 sq ft and benefits from a diversified income stream generated by established legal and professional occupiers. Positioned prominently on Gorbals Street, the asset is within walking distance of key transport links and Glasgow's court district. The investment offers an attractive passing rent, immediate income security, and potential rental growth through active asset management initiatives. Significant ongoing regeneration within the Gorbals and Laurieston areas further enhances the long-term investment prospects.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 101 | 18,351 sq ft | Office | £1,250,000 (£68.12/sq ft) | £187,375 |
Unit 101
| Unit Size |
| 18,351 sq ft |
| Unit Use |
| Office |
| Price |
| £1,250,000 (£68.12/sq ft) |
| NOI |
| £187,375 |
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Unit 101
| Unit Size | 18,351 sq ft |
| Unit Use | Office |
| Price | £1,250,000 (£68.12/sq ft) |
| NOI | £187,375 |
| Sale Type | Investment |
| Net Initial Yield | 14.99% |
| Tenure | Freehold |
| Description | |
| Legal House, 101 Gorbals Street, Glasgow, presents a well-located, high-yielding office investment opportunity situated on the southern edge of Glasgow City Centre.</li></ul> | |
| Sale Notes | |
| The property comprises a modern three-storey multi-let office building extending to approximately 18,351 sq ft and benefits from a diversified income stream generated by established legal and professional occupiers. Positioned prominently on Gorbals Street, the asset is within walking distance of key transport links and Glasgow's court district. The investment offers an attractive passing rent, immediate income security, and potential rental growth through active asset management initiatives. Significant ongoing regeneration within the Gorbals and Laurieston areas further enhances the long-term investment prospects.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 57,904 sq ft | Year Built | 1989 |
| Property Type | Office (Unit) | Tenancy | Single |
| Costar Property Class | B | Total Plot Size | 1.53 ac |
| Floors | 4 | Parking Allocation | 0.69/1,000 sq ft |
| Typical Floor Size | 21,250 sq ft |
| Total Property Size | 57,904 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | B |
| Floors | 4 |
| Typical Floor Size | 21,250 sq ft |
| Year Built | 1989 |
| Tenancy | Single |
| Total Plot Size | 1.53 ac |
| Parking Allocation | 0.69/1,000 sq ft |
Amenities
- 24 Hour Access
- Raised Floor
- Wheelchair Accessible
- Reception
- Natural Light
- Air Conditioning
- Backup Power / Generators
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101 Gorbals St - Legal House
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