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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.
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Estimated market value
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Range:
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Medium confidence
Floor Area: 4,600 sq ft (Listing)
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