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Guide price
£275,000Property for sale
St Enoch Square, Full Third Floor, Glasgow City Centre G1
Auction
Property
Features and description
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Tenanted
- AUCTION DATE: 28 February 2025
Nestled in a prestigious central spot overlooking St Enoch Square, this office space offers magnificent views of central Glasgow. Immerse yourself in the bustling cityscape while maintaining a professional and inspiring atmosphere for your business. Development Opportunities: There is the possibility of a title split (subject to planning) that would allow for the formation of 8 offices in the current configuration or up to 12 offices with re-configuration. Individually selling these offices could achieve around £50k per office, with a total development value of up to £600,000. It's also worth noting that converting the space into flats, as has been successfully done with other offices in the area (subject to planning), can yield a GDV of approximately £900,000 to £1,000,000 million X four 500 Sq.Ft residential flats. • Available Immediately • Recently Refurbished in May 2023 • Elevator Access • Fully Furnished with Office Furniture (can be emptied if required) • Secondary Glazing for enhanced noise reduction and insulation • 7 Private Offices • 1 Large Conference Room • 1 Spacious Co-working Area • 1 Communal Kitchen Area • Separate Ladies & Gents Toilet Facilities (5 toilets in total) • Secure Door Entry System for added security • Fibre Broadband Ready with CAT 5 cabling throughout • Fire Alarms/Extinguishers for safety compliance • Air Conditioning for optimal comfort • Fully equipped with low-energy LED Lighting Achievable rent of £40,000 (P.A) to a single tenant. Alternatively, with a strategic business approach, the potential rental income can soar to £70,000+ (PA) when rented on a per-room basis, creating a thriving business centre. This estimate does not include the additional revenue generated from meeting and training room rentals. Room-by-room rentals can command £750 - £900 PCM per room, with meeting room hire priced at £200 per day.
Auction Details
28 February 2025, 12pm
Deadline for Offers
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Auction Details
28 February 2025, 12pm
Deadline for Offers
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
About this agent
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We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots
from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features
both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as
land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires fr... Show more
from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features
both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as
land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires fr... Show more
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