95-99 Bothwell St | Glasgow G2 7HX
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95-99 Bothwell St
Glasgow G2 7HX
Office Property For Sale
Investment Highlights
- 95 Bothwell Street is located on Glasgow’s prime business address
- Positioned within a 5-minute walk of Glasgow Central Station, Scotland’s largest railway station
- Low average passing office rent of £19.85 per sq ft, offering significant reversion potential
- Originally constructed in 1931, it is Grade B listed and has wonderful history and heritage credentials
- Current low average passing rent of £1,280,127.34 per annum
- Blended WAULT is 5.31 years to the earliest lease breaks and 5.47 years to the lease expiries, effective of September 2023
Executive Summary
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.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
135,968 SF
Building Class
B
Year Built
1931
Price
$37,717,516 CAD
Price Per SF
$277 CAD
Percent Leased
62%
Tenancy
Multiple
Building Height
10 Stories
Typical Floor Size
13,597 SF
Building FAR
0.82
Lot Size
3.79 AC
Parking
28 Spaces (0.21 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Security System
- Skylights
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