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For Sale
70 Wellington Street, Glasgow, G2 6UA
Tenure

For Sale

Type

Office

Price

Offers in Excess Of £9,275,000

Size

49,185 Sq Ft

Ref No

16940

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Property Highlights

  • Core plus, refurbished office building situated in the heart of Glasgow CBD.
  • The property is rated EPC 'A' and extends to 49,185 sq ft over basement ground and six upper floors.
  • Comprehensive refurbishment and capex spend in excess of £2.55m.
  • Multi-let to occupiers including Thompsons Solicitors, Big Lottery Fund, Levy & McRae Solicitors, Ernst & Young and Scottish Rail Holdings (SRH).
  • Net income of £965,634 per annum.
  • Heritable interest (Scottish equivalent of English Freehold).
  • Blended WAULT of 3.08 years to the lease breaks and 5.19 years to the lease expiries.
  • Offers are sought in excess of £9,275,000

Overview

High quality landmark office investment in Glasgow City Centre.

Following an extensive refurbishment, with environmental credentials at its heart, 70 Wellington Street has arrived. The building's carbon reduction concept, 70 Sourced, is the key driver in delivering sustainable, modern workspace and welfare amenity to attract today's discerning office occupier.

Stuart Low Image

Stuart Low

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