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Commercial Investment Unit with 4600 Sq Ft

Kinning Park, G5 - Get Access

8 bed

Description

Prime commercial unit offering 4600 sq ft of floor space, occupying the entire bottom floor in a prime location in Glasgow. The property comprises well-designed office space, providing flexibility for various business needs. It presents a lucrative opportunity as a premium serviced centre featuring 14 private offices, 8 hot desks, and a personal reception, with potential to generate substantial monthly and annual income. Additionally, the unit serves as a promising long-term commercial investment ideally suited for industries such as technology, finance, and healthcare. A previous occupier secured a rental of £9,000 per calendar month, equivalent to £108,000 annually. Furthermore, the property holds potential for conversion into an 8-bedroom hostel, pending research and necessary consents, with an earlier application suggesting potential revenue exceeding £200,000 per annum based on occupancy and pricing strategies. Glasgow is a vibrant and cosmopolitan city known for its rich history, cultural landmarks, and thriving business environment, offering excellent transport links and a dynamic setting for businesses to flourish.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 4,600 sq ft (Listing)

This commercial unit at 95 Morrison Street comprises 4,600 sq ft of ground floor office space in Glasgow. The interior presents in good condition with modern glazed partitioning and updated kitchen facilities. The valuation utilizes the internal valuation floor area of 4,600 sq ft alongside commercial market benchmarks.

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