9 Bothwell St - Office CONDO FOR SALE


Glasgow, GLG G2 6NL
$420,000 USD
141-673-0446
9 Bothwell St, Glasgow, GLG for Sale
$420,000 USD
Office CONDO - FOR SALE
1/9
null | 8.24% Cap Rate

9 Bothwell St
Glasgow, GLG G2 6NL


HIGHLIGHTS

  • Large glazed frontage.
  • Great footfall area.
  • City centre location.

OVERVIEW

We are instructed to seek offers in excess of £420,000 for our clients heritable interest which shows an attractive NIY of 8.24% assuming purchaser’s costs at 4.06%. The property is let to Bothwell Express Limited (Company No. SC765599) for a term of 15 years from 30th October 2023, expiring 29th October 2038. The passing rental is £36,000 per annum and is subject to 5 yearly upward only rent reviews to open market value.

FOR SALE DETAILS

PRICE

$420,000 USD

PRICE/SF

$351 USD /SF

CAP RATE

8.24%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

180,000 SF

STORIES

8

BUILDING CLASS

B

YEAR BUILT

1877

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.04 AC

LAND SF

175,982 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John ConroyRydenMore Info
141-673-0446

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John ConroyRydenMore Info
141-673-0446

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