A fully let heritable office and leisure opportunity in central Glasgow is being offered at the latest Acuitus commercial property auction on March 27th.
Located within walking distance of both Glasgow Central Station and Glasgow Queen Street Station, this modern office is being offered at the upcoming Acuitus auction with a guide price of £1.9m. The 21,115 sq ft property comprises a mid-terrace sandstone building with an open plan accommodation arranged over the ground and four upper floors, a leisure opportunity at the lower ground floor, and 12 secure car spaces in the basement. In total, the property generates an annual rental income of £277,616.
Mhairi Archibald of Acuitus commented: “Glasgow’s business district continues to offer a range of desirable commercial properties, including mixed office and leisure investments. The property at 221 West George Street generates strong returns and offers active asset management opportunities for investors including the extending/re-gear of existing leases.”
The Acuitus auction will take place on March 27th at 1pm and will be broadcast via livestream on the Acuitus website with bidding online, by telephone and by proxy. Further details here
