Property for sale
Property description & features
The property expands over eight floors, seven of which offer approx 1952 sq mt of flexible office space and the eighth floor housing the central plant room. Each floor benefits from shared facilities such as ladies and gent's WC and kitchen areas and is serviced by an iconic wrought-iron lift cage or can be accessed by the decorative central staircase.
The building is currently tenanted by a variety of professional companies and currently offers a generous 8.75% rental yield. Given the history and location of The Hatrack and with the correct consent the property would make an excellent aparthotel or residential development.
The Hatrack is more than just an office space; its a prestigious address set within a historic icon of Glasgows architectural realm. Early viewing is highly recommended to appreciate the endless potential the property has to offer.
Services - Mains gas, electric, water and drainage
Tenure - Freehold
Financials - Lease and accounts information will be released following a formal note of interest
Property information from this agent
Places of interest
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Property reference MFL4238701. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Mcewan Fraser Legal - Edinburgh.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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