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61 Broomielaw - Grosvenor Casino Riverboat 35,412 sq ft Leisure Building Offered at £3,750,000 at a 15.00% Net Initial Yield in Glasgow G1 4RJ
Investment Highlights
- An opportunity to acquire a Casino in Glasgow, Scotland’s largest city by population.
- The property comprises a 1996 Mississippi Steamboat styled building extending to 13,918 sq ft GIA
- The subject property occupies a prime city-centre location close to Glasgow Central Station
Executive Summary
The property, which was built in 1996 for Stakis Casinos, is arranged over basement, ground and first floors to provide a casino, bar and restaurant and private dining venue overlooking the River Clyde. The property was built in the style of a Mississippi steam Riverboat and forms a striking building in the centre of Glasgow. The Casino employs c.80 members of staff.
Property Facts
| Price | £3,750,000 | Costar Property Class | B |
| Price per sq ft | £105.90 | Total Plot Size | 0.95 ac |
| Sale Type | Investment | Property Size | 35,412 sq ft |
| Yield | 15.00% | No. Floors | 4 |
| Tenure | Long Leasehold | Year Built | 1990 |
| Property Type | Leisure | Tenancy | Single |
| Property Subtype | Casino |
| Price | £3,750,000 |
| Price per sq ft | £105.90 |
| Sale Type | Investment |
| Yield | 15.00% |
| Tenure | Long Leasehold |
| Property Type | Leisure |
| Property Subtype | Casino |
| Costar Property Class | B |
| Total Plot Size | 0.95 ac |
| Property Size | 35,412 sq ft |
| No. Floors | 4 |
| Year Built | 1990 |
| Tenancy | Single |
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61 Broomielaw - Grosvenor Casino Riverboat
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