Offers invited
Confirmation
Mission Critical bank HQ
Property Details
Broker
For sale
156,980 sq.ft.
14,584 m²Leasable area
1
Leasehold
116
Fees
Investment Overview
Situated at the heart of Glasgow’s prime CBD and International Financial Services District (IFSD). Single-let Grade A office investment within an entire gateway island in Glasgow City Core. Mission critical real estate let to the exceptionally strong covenant of Morgan Stanley. Comprising 14,584.28 sq m (156,980 sq ft) of Grade A office, ancillary and basement storage space across lower ground, ground and eight upper floors. Excellent sustainability credentials with an EPC rating of “A” and BREEAM rating of“Excellent”. Provides 51 basement car parking spaces. Attractive and rare unexpired term of 8.75 years to expiry and opportunity to renew further. Produces a gross passing rent of £4,782,890 per annum, reflecting an average rent of £29.75 per sq. ft. This provides a net rent of £4,439,585 per annum after payment of the ground rent.
Interested? Here are the next steps to get more
information and to proceed with our automated deal flow.