95 Business Centre SMK Business Centre, Morrison Street, Glasgow, G5 8BE

Description

**Property Address:** Business Centre SMK Business Centre, 95 Morrison Street, Glasgow, G5 8BE

• PRIME NEW LISTING. We are excited to present this commercial unit with 4600 sqft of floor space, occupying the entire bottom floor, located within a prime location in Glasgow.

• :**Business Centre SMK Business Centre, 95 Morrison Street, Glasgow, G5 8BE could potentially create a gross monthly income of £18,000 and a £177,000 per annum net income.**

• This property offers a lucrative opportunity as a premium serviced centre, featuring 14 private offices, 8 hot desks, and a personal reception. This configuration has the potential to generate substantial monthly and annual income.

• Additionally, the property presents itself as a promising long-term commercial investment, ideally suited for diverse industries such as technology, finance, and healthcare. The 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. An earlier application for this conversion has been made, suggesting potential revenue exceeding £200,000 per annum based on occupancy and pricing strategies.

PRIME NEW LISTING. We are excited to present this commercial unit with 4600 sqft of floor space, occupying the entire bottom floor, located within a prime location in Glasgow.

The property comprises well-designed office space, offering flexibility for various business needs.

This property offers a lucrative opportunity as a premium serviced centre, featuring 14 private offices, 8 hot desks, and a personal reception. This configuration has the potential to generate substantial monthly and annual income.

Additionally, the property presents itself as a promising long-term commercial investment, ideally suited for diverse industries such as technology, finance, and healthcare. The 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. An earlier application for this conversion has been made, suggesting potential revenue exceeding £200,000 per annum based on occupancy and pricing strategies.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

**Business Centre SMK Business Centre, 95 Morrison Street, Glasgow, G5 8BE could potentially create a gross monthly income of £18,000 and a £177,000 per annum net income.**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Glasgow, a vibrant and cosmopolitan city, is known for its rich history, cultural landmarks, and thriving business environment. Ideally located with excellent transport links, it offers a dynamic setting for businesses to flourish.

Map

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Terms of Sale

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