95-99 Bothwell St - Office FOR SALE


Glasgow, GLG G2 7HX
$21,000,000 USD
95-99 Bothwell St, Glasgow, GLG for Sale
$21,000,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

95-99 Bothwell St
Glasgow, GLG G2 7HX


HIGHLIGHTS

  • 95 Bothwell Street is located on Glasgow’s prime business address
  • Originally constructed in 1931, it is Grade B listed and has wonderful history and heritage credentials
  • Positioned within a 5-minute walk of Glasgow Central Station, Scotland’s largest railway station
  • Current low average passing rent of £1,280,127.34 per annum
  • Low average passing office rent of £19.85 per sq ft, offering significant reversion potential
  • Blended WAULT is 5.31 years to the earliest lease breaks and 5.47 years to the lease expiries, effective of September 2023

OVERVIEW

Seeking offers in excess of £21,000,000 subject to contract and exclusive of VAT for the acquisition of the SPV (Guernsey). A purchase at this level would reflect an attractive capital value of £154 per sq ft.

FOR SALE DETAILS

PRICE

$21,000,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

10

BUILDING CLASS

B

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

3.79 AC

LAND SF

165,092 SF

ZONING

-

APN/PARCEL ID

GLA176433

ASK ABOUT THIS PROPERTY

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