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61 Broomielaw - Grosvenor Casino Riverboat 35,412 SF Sports & Entertainment Building Offered at $6,847,785 CAD at a 15.00% Cap Rate in Glasgow G1 4RJ
Investment Highlights
- An opportunity to acquire a Casino in Glasgow, Scotland’s largest city by population.
- The property comprises a 1996 Mississippi Steamboat styled building extending to 13,918 sq ft GIA
- The subject property occupies a prime city-centre location close to Glasgow Central Station
Executive Summary
The property, which was built in 1996 for Stakis Casinos, is arranged over basement, ground and first floors to provide a casino, bar and restaurant and private dining venue overlooking the River Clyde. The property was built in the style of a Mississippi steam Riverboat and forms a striking building in the centre of Glasgow. The Casino employs c.80 members of staff.
Property Facts
| Price | $6,847,785 CAD | Building Class | B |
| Price Per SF | $193.37 CAD | Lot Size | 0.95 AC |
| Sale Type | Investment | Building Size | 35,412 SF |
| Cap Rate | 15.00% | No. Stories | 4 |
| Tenure | Long Leasehold | Year Built | 1990 |
| Property Type | Sports & Entertainment | Tenancy | Single |
| Property Subtype | Casino |
| Price | $6,847,785 CAD |
| Price Per SF | $193.37 CAD |
| Sale Type | Investment |
| Cap Rate | 15.00% |
| Tenure | Long Leasehold |
| Property Type | Sports & Entertainment |
| Property Subtype | Casino |
| Building Class | B |
| Lot Size | 0.95 AC |
| Building Size | 35,412 SF |
| No. Stories | 4 |
| Year Built | 1990 |
| Tenancy | Single |
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61 Broomielaw - Grosvenor Casino Riverboat
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