66-70 Buchanan St - Office FOR SALE


Glasgow, GLG G1 3JE
$9,750,000 USD
131-300-0296
66-70 Buchanan St, Glasgow, GLG for Sale
$9,750,000 USD
Office - FOR SALE
1/4
null | 6% Cap Rate

66-70 Buchanan St
Glasgow, GLG G1 3JE


HIGHLIGHTS

  • Prime flagship retail investment opportunity
  • Let on two separate co-terminus leases to Laing the Jeweller (Glasgow) Limited (2A1 D&B Credit Rating)
  • Exceptional reversion potential to be captured

OVERVIEW

The subject property comprises a large flagship retail unit providing sales areas at ground and first floors with basement storage. The property benefits from significant frontage onto Buchanan Street. The upper floors can be accessed both internally from the main retail premises and by way of their own exclusive access door along the side elevation which is fully equipped with a passenger lift that serves the entire upper floors. The subjects have been extensively fitted out in the corporate branding of Laings.

FOR SALE DETAILS

PRICE

$9,750,000 USD

PRICE/SF

$283 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rowan House

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

7

BUILDING CLASS

B

YEAR BUILT

1850

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

-

APN/PARCEL ID

GLA205088

ASK ABOUT THIS PROPERTY

Stewart SheridanSheridan Keane Real Estate InvestmentMore Info
131-300-0296

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Stewart SheridanSheridan Keane Real Estate InvestmentMore Info
131-300-0296

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.