87-89 Buchanan St
Glasgow G1 3HF
Retail Property For Sale
Investment Highlights
- Fully Let to Telefonica UK Ltd on FRI terms expiring 21 December 2027 having been in occupation since 1987
- Offers invited in excess of £6,700,000 reflecting 6% NIY after purchasers costs of 6.6%
- Excellent Location opposite Princes Square and adjacent to Massimo Dutti and Hugo Boss
- Passing rent of £427,500 p.a. reflecting approximately £304 per square foot ZA
- An opportunity to acquire a prominent retail asset on Scotland’s prime retail pitch
Property Facts
Amenities
- Security System
- Storage Space
About 87-89 BUCHANAN ST , GLASGOW, GLG G1 3HF
Glasgow is a globally recognised education base and with more than 135,000 students from 135 countries currently studying in the city. The city has 5 universities and 3 super colleges, it has one of the most highly skilled and flexible workforces in Europe, with 46% of the current working age population educated to degree level or above. The city is home to an impressive list of blue chip companies and major global organisations including Barclays Wealth, Santander, HSBC, Morgan Stanley, Direct Line, The Student Loans Company, Ministry of Defence, O2, Atos, Tesco Bank, Dell and J.P Morgan. Four main motorways give Glasgow high speedRoad Four main motorways give Glasgow high speedroad access to cities throughout the UK. The M8 motorway provides direct access into the city via six junctions located on the periphery of the CBD and lies at the heart of Scotland’s integrated motorway network, connecting directly to Edinburgh. It links with the M74 and the M73 motorways at Junction 4, offering access to Carlisle and Northern England. It also provides access to Stirling and Northern Scotland through its connection to the M80 / A80 at Junction 13. There are also over 170 daily bus services across over 100 routes in and out of Glasgow.
