Property photos
Feudal
Offers over
£265,000
(£105.24/sq. ft)
Property for sale
43 Bath Street, Glasgow G22,518 sq. ft
Local area information
Property location
Nearby amenities
- Glasgow Queen Street 0.2 miles
- Glasgow Central 0.3 miles
- St Aloysius College 0.4 miles
- Garnetbank Primary School 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Glasgow to find out more about the local area.
Features and description
- Feudal
- Self-contained 1st & 2nd floor office investment
- Let on Fri terms to The Big Issue Company Limited
- Tenant has been in occupation since 2014
- Lease extended in 2018 with expiry in October 2028
- Low passing rent of £26,850 per annum (£10.66/sq ft)
- Potential future redevelopment potential
- Offers over £265,000 invited = niy 9.89% after purchasers costs
- Subjects are elected for VAT, however, sale to be by way of togc
Description
The subjects comprise a self-contained first and second floor offices with attractive corner aspect.
A secure door entry system provides access from street level where a passenger staircase provides access to the upper floors.
Both floor are well-fitted providing bright open-plan floor plates that have been fitted out by the tenant to a high standard to include meeting rooms complete with dedicated WC's and tea-preps. The general specification includes suspended ceilings with LED lightings units, gas central heating, air conditioning, perimeter trunking.
Subject to planning, the subjects may be suitable for redevelopment to residential / serviced apartments.
Location
The subjects are located within the heart of Glasgow City Centre commanding a highly prominent position on the south side of Bath Street at its junction with Renfield Street.
Highly convenient access to public transport links are provided with Glasgow Central & Queen Street Railway Station, Buchanan Street Underground Station and Buchanan Bus Station all within short walking distance.
Metered on-street parking is provided whilst there are various multi-storey car parks within the immediate vicinity.
Tenancy Information
Tenant: The Big Issue Company Limited (Company No 02612480)
Lease Expiry: October 2028. The tenant has been in occupation since 2014
Passing Rent: £26,850 per annum (£10.66/sq ft)
Full repairing and insuring, no schedule of condition
Year ending 2023 recorded a turnover of £6,192,619 with profits after tax of £421,358
The subjects comprise a self-contained first and second floor offices with attractive corner aspect.
A secure door entry system provides access from street level where a passenger staircase provides access to the upper floors.
Both floor are well-fitted providing bright open-plan floor plates that have been fitted out by the tenant to a high standard to include meeting rooms complete with dedicated WC's and tea-preps. The general specification includes suspended ceilings with LED lightings units, gas central heating, air conditioning, perimeter trunking.
Subject to planning, the subjects may be suitable for redevelopment to residential / serviced apartments.
Location
The subjects are located within the heart of Glasgow City Centre commanding a highly prominent position on the south side of Bath Street at its junction with Renfield Street.
Highly convenient access to public transport links are provided with Glasgow Central & Queen Street Railway Station, Buchanan Street Underground Station and Buchanan Bus Station all within short walking distance.
Metered on-street parking is provided whilst there are various multi-storey car parks within the immediate vicinity.
Tenancy Information
Tenant: The Big Issue Company Limited (Company No 02612480)
Lease Expiry: October 2028. The tenant has been in occupation since 2014
Passing Rent: £26,850 per annum (£10.66/sq ft)
Full repairing and insuring, no schedule of condition
Year ending 2023 recorded a turnover of £6,192,619 with profits after tax of £421,358
More information
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