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Property
Property description & features
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Vacant
- AUCTION DATE: 27 June 2024
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
The property comprises a stand alone iconic building within Glasgow City Centre, designed by James Thomson in 1863, the property offers a Venetian styling and is one of the cities remaining cast iron buildings. Originally designed and built as a warehouse, the property was most recently the home of Tower Records, as such has been upgraded with elevator serving all floors. Offering a substantial glazed frontage, the property benefits from dual, double doors of aluminium framed and glazed construction. Internally the floors plates are primarily of open plan layout with main staircase of diamond cut aluminium and cast iron, a service staircase sits to the rear of the property running the full height of the building and leading to a fire escape within the basement to there front of the building. The lift shaft sits to the rear of the property. Each floor benefits from air conditioning units, full height windows to the front overlooking Argyle Street and at upper level, onto the platforms of Central Station. The basement offers storage, staff facilities, fire escape and M&E plant room. With each floor providing excellent ceiling height, the property lends itself to a variety of uses such as gymnasium, restaurant, bar, nightclub, retail, creative space, office, residential, amongst others. Planning Planning for conversion to bar, restaurant and nightclub at upper floors was submitted in 2013, copies of plans can be obtained via the Glasgow City Council Planning Portal Ref:13/00345/DC Area We have calculated the property to extend to the following floor areas; Basement: 186.82sqm (2,011sq ft) Ground: 310sqm (3,337sq ft) 1st Floor: 292.17sqm (3,145sq ft) 2nd Floor: 294.32sqm (3,168sq ft) 3rd Floor: 294.32sqm (3,168sq ft) Total: 1,377.62sqm (14,829sq ft) NAV/RV The property has been assessed and entered onto the valuation roll with the following NAV/RV £136,000 The property is listed as Category B by Historic Scotland.
Auction Details
27 June 2024, 10am-3pm
Timed Online Auction
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