City Centre Office Investment Opportunity

We are delighted to offer to auction this vacant third-floor office suite within a well-established commercial building on Renfield Street, in the heart of Glasgow city centre. Extending to approximately 15 sq. metres (160 sq. ft), the office benefits from a shared kitchenette and WC facilities with three neighbouring office suites. The office itself offers excellent income potential, with comparable office suites in the area achieving rents of approximately £5,000 per annum. Based on the guide price, this represents a potential gross rental yield of around 25%, making it an attractive proposition for investors seeking a high-yielding commercial asset. Alternatively, the property would suit an owner-occupier looking to establish a business presence in a prime city centre location. Early viewing is strongly recommended.

Tenure

Freehold

Area

Renfield Street enjoys prime central Glasgow location and benefits from excellent transport connections and immediate access to an extensive range of retail, leisure and business amenities.

Local Authority

Glasgow City Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.