FOR SALE – 166 Buchanan Street, Glasgow, G1 2LW
Offices- Part 5th Floor Front
• 866 sq ft
• Superb central location
• Landmark building
• No VAT
• Excellent opportunity for owner occupiers/investors
Positioned in the heart of Glasgow city centre, Buchanan Street is Glasgow’s leading retail and leisure location with many leading retailers, restaurants, coffees shops and other city centre facilities seconds away.
The surrounding area has a wide variety of commercial and office occupiers in this active and vibrant part of the city centre.
Floor Area
We calculate the nett lettable floor area to be:
80.52 sq m – 866 sq ft
Common Charges
As normal, the owners are liable for a share of the common charges. The current cost is approximately £3,200 per annum. Further details are available on request.
Local Authority Rates
Rateable Value : £8,700
The suite will potentially benefit from 100% rates relief under the Small Business Bonus Scheme, subject to the occupiers meeting the appropriate criteria.
EPC
The suite has a rating of B.
Entry
By mutual agreement. The current owners of many years are in the process of vacating the offices.
Price
Our clients are seeking purchase offers over £90,000 for their heritable interest.
No VAT
We are advised that the property has not been elected for VAT, therefore no VAT will be charged on this sale transaction.
Legal Costs
Each party will be responsible for their own legal costs with the purchaser being responsible for LBTT (Land and Building Transaction Tax) should any apply.
Anti Money Laundering
In accordance with the current Anti Money Laundering regulations, the purchasers will be required to satisfy the vendors and their agents regarding the source of the funds being used to complete this transaction.