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41 St Vincent Pl 20,743 SF 100% Leased Office Building Glasgow G1 2ER $1,286,269 CAD ($62.01 CAD/SF) 11.45% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime location fronting onto Buchanan Street.
- Total floor area extending to 698 sqm (7,509 sq ft).
- Sale Price: Offers Over £690,000.
- Office accommodation across 1st, 4th, 5th and 6th floors.
- Total gross income of £117,880 per annum.
EXECUTIVE SUMMARY
The premises are meticulously designed to offer contemporaryand adaptable office accommodation across the 4th, 5th, and 6th floors. The workspace is configured to provide maximum flexibility, incorporating an all-inclusive rental structure that encompasses access to a suite of shared amenities, including well-appointed communal areas, fully equipped kitchen facilities, and modern WC provisions. Tenants benefit from a fully furnished and secure working environment, enhanced by high-speed fiber-optic broadband
connectivity. The first floor is occupied by Giant Risk Solutions on a 10 year lease. This floor comprises of modern cellular office space with dedicated W/C and Kitchen facilities. Total Gross Rent £117,880 per annum
connectivity. The first floor is occupied by Giant Risk Solutions on a 10 year lease. This floor comprises of modern cellular office space with dedicated W/C and Kitchen facilities. Total Gross Rent £117,880 per annum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
20,743 SF
Building Class
B
Year Built
1850
Price
$1,286,269 CAD
Price Per SF
$62.01 CAD
Cap Rate
11.45%
NOI
$147,278 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
2,470 SF
Building FAR
6.91
Lot Size
0.07 AC
AMENITIES
- Bus Line
- Conferencing Facility
- Security System
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41 St Vincent Pl
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