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Tontine House 2-10 Gordon St 31,132 sq ft 76% Let Office Property Glasgow G1 3PL £13,000,000 (£417.58/sq ft) 8% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Prime retail, leisure and office opportunity on the corner of Buchanan Street and Gordon Street
- WAULT (to expiry) of 12.82 years excluding the 24 month guarantee being offered on the vacant offices
- The properties have a total rent roll of £1,107,471 per annum
EXECUTIVE SUMMARY
Ground, basement and part first on Buchanan Street let to Liberty Bar & Restaurant (t/a TGI Friday’s) on a new 15 year lease from 11 February 2025 at a passing rent of £700,000 per annum (£253 Zone A & £66.63 sq ft. gross).
PROPERTY FACTS
AMENITIES
- Raised Floor
- Demised WC facilities
- Natural Light
SPACE AVAILABILITY
- SPACE
- SIZE
- USE
- CONDITION
- AVAILABLE
The accommodation is offered on the basis of a new Full Repairing and Insuring lease for a term to be agreed.
The accommodation is offered on the basis of a new Full Repairing and Insuring lease for a term to be agreed.
The accommodation is offered on the basis of a new Full Repairing and Insuring lease for a term to be agreed.
The accommodation is offered on the basis of a new Full Repairing and Insuring lease for a term to be agreed.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste West | 2,004 sq ft | Office | Full Fit-Out | Now |
| 2nd Fl-Ste West | 2,165 sq ft | Office | Full Fit-Out | Now |
| 3rd Fl-Ste East | 1,609 sq ft | Office | Full Fit-Out | Now |
| 4th Fl-Ste East | 1,609 sq ft | Office | Full Fit-Out | Now |
1st Fl-Ste West
| Size |
| 2,004 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
2nd Fl-Ste West
| Size |
| 2,165 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
3rd Fl-Ste East
| Size |
| 1,609 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
4th Fl-Ste East
| Size |
| 1,609 sq ft |
| Space Use |
| Office |
| Condition |
| Full Fit-Out |
| Available |
| Now |
1st Fl-Ste West
| Size | 2,004 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
The accommodation is offered on the basis of a new Full Repairing and Insuring lease for a term to be agreed.
2nd Fl-Ste West
| Size | 2,165 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
The accommodation is offered on the basis of a new Full Repairing and Insuring lease for a term to be agreed.
3rd Fl-Ste East
| Size | 1,609 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
The accommodation is offered on the basis of a new Full Repairing and Insuring lease for a term to be agreed.
4th Fl-Ste East
| Size | 1,609 sq ft |
| Space Use | Office |
| Condition | Full Fit-Out |
| Available | Now |
The accommodation is offered on the basis of a new Full Repairing and Insuring lease for a term to be agreed.
Presented by
Tontine House | 2-10 Gordon St
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