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Eagle Street Glasgow G4 9XA – Glasgow

Office for sale

£675,000 14,078 sq ft Space for 130 people (est)

DM Hall
Status
Under offer
Contact name
Jonathan Mcmanus
Full address
Eagle Street, Glasgow, Glasgow City G4 9XA – Glasgow
Property type
Office for sale
Asking price
£675,000
Features
Business park, Car park, Flexible space, Gym, Lift, Modern, Raised floor, Reception, Storage, Surveillance, Train transport
Size
14,078 sq ft
Estimated space
130 people
Tenure
Freehold

Property description

Within the well-established Craighall Business Park, 1 mile to the north of Glasgow City Centre.
Current income of approx. £46,000 per annum with potential to reach £100,000 per annum.
Hunters Contracts (Scotland) Limited - in liquidationLocationThe subjects are located within Craighall Business Park which is situated to the north of Glasgow City Centre and a 10 minute walk or 5 minutes’ drive from the central business district as well as Glasgow Central and Queen Street Train Stations.
The business park is situated off Craighall Road and is merely 2 minutes’ drive from junction 16 of the M8 motorway and a further 15 minutes’ drive from Glasgow International Airport.
The business park is in the Port Dundas area of the city and historically was a heavy industrial area before being regenerated over the last 15 years. The development of the business park commenced around 2001/2002 following the award of a consent to develop around 250,000 sq.ft. of highDescriptionThe subject property forms part of a modern 4 storey detached office pavilion with parking. The subjects form part of the ground floor as well as the whole of the first floor and the whole of the second floor of the building.
Currently there are a number of tenants within the property as well as some high quality vacant space that is certain to be let in a short space of time with some
appropriate marketing. The building is constructed in a regular shape with a central entrance accommodating a stairwell and a lift to all floor levels.
The design of the floors allows a high degree of flexibility in terms of creating separation between floors so that they can be multi-let. Floors can be let as 2 separate halves either side of the central core and already prevalent within the property are areas that have subdivided to provide business flexible space. The central core throughout the building contains ladies and gents toilets at each floor level. All areas within the building present well and have been well managed and maintained. The internal office finishes include raised floors throughout with integral floor boxes. Suspended ceilings are in place and heating is provided by way of gas fired wall mounted radiators.
At ground floor level the area in question was originally car parking which has since been converted to provide secure storage. The title also includes the foyer/
The East Wing was subdivided to provide attractive glass box office in order to run a business centre. Whilst there are vacancies at present, there is also
income from a gym operator. The West Wing is let to Firefish, a recruitment company.
This floor was subject to singular letting on each floor with McTaggart Construction and Atlas Communications (now in Adminstration). As a result the Atlas suite (West Wing) is now vacant and available for new leases. Atlas were paying £35,745 per annum.
From measurements taken on site we calculate the property to extend to the following Net Internal floor area:
The property also benefits from external car parking with 30 car parking spaces provided.

This office for sale is located in Glasgow.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to DM Hall. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact DM Hall for full details and further information.