Once in A lifetime opportunity***to acquire the full upper floors of a landmark Building in the West End of Glasgow***Huge potential for ongoing commercial use or converting into a number of flats (subject to planning) ***Possible Enormous Development Return (subject to planning & consents) *** If the 1st & 2nd floors were converted into 11 smaller offices at a rent of £4200 per annum per office and the 3rd floor was rented for £15k per annum the Total Combined rent for the building would be £61,200 per annum*** If developed into 5 flats (subject to planning) the 1st floor & 2nd floor would each comprise: 1 x 1 bed & 1 x 2 bed flats and the 3rd floor would be an amazing 3 bedroom penthouse flat*** The 2 1st floor ofcies are currently let. 1 for £6k per annum & 1 for £7.2k per annum (both rents includes vat). The building is subject to vat. However, any purchase could be treated as a togc with no vat payable. Independent advice should be taken regarding this***
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