For Sale - Multi Let Office Investment

Key Information

• Well presented office building
• Passing rent - £45,756 per annum
• ERV - £112,000 per annum
• WAULT - 4.32 years and 1.87 years to break
• Attractive asset management opportunity
• Category-B listed building currently benefiting from rates exemption
• Excellent public transport and motorway links

Property Description

- Attractive Category B listed office building. - Accommodation is setup to provide 8 x refurbished office suites with WC and kitchen tea preps on each floor. - Recent lettings within The Stables have been agreed on flexible lease terms. - Ideally located out with the Low Emission Zone (LEZ). - The Vendor will provide a six-month rental guarantee on the vacant suites upon a successful sale. In addition to being located centrally and convenient to the City Centre, The Stables is positioned within 'City Centre South' and the 'Clyde Waterfront', both of which have attracted significant investment and are in advanced development. Major projects include 'Buchanan Wharf', a 1.25M sq ft development home to Barclays Glasgow Campus which has created space for 5,000 staff.

Glasgow is Scotland's largest city, and the third largest in the UK. The Stables is located on the South Bank of the River Clyde and occupies a prominent but quiet position in the middle of Carlton Court, adjacent to Cumbrae House (The Prince's Trust), close to its junction with Bridge Street immediately south of the city centre. 5-minute walk to Glasgow Central Station (400m) 3-minute walk to Bridge Street Underground Station Regular bus services operate on Bridge Street M8 and M74 motorway access found within a 5-minute drive Glasgow Airport 15-minute drive west