100 Morrison Street - Sale brochure (120917)_42112_45911.pdf - GVA
100 Morrison Street Glasgow G5 8LN
For sale Refurbishment/ Development Opportunity
Self contained 85,000 sq ft building with M8 motorway visibility
Description 100 Morrison Street comprises approx. 85,000 sq. ft. of modern office accommodation in need of refurbishment / modernisation. Situated in an area steeped in Glasgow’s merchant shipping heritage, on the south side of the River Clyde - the property is close to the Tradeston pedestrian bridge and enjoys excellent views towards the International Financial Services District to the north. The building, occupying an island site, is highly visible from both the Tradeston Bridge ( M8) and city centre. Formed around an attractive bright central courtyard, with large open plan floor plates, 100 Morrison Street presents an exciting opportunity to create a bold statement within Glasgow’s skyline. Refurbishment of the offices will allow investors to capitalise on the growing under-supply of good quality large floor plated office accommodation in Glasgow. The building also has significant potential for alternative uses, subject to the appropriate Statutory consents.
Existing Specification Raised access floor Suspended ceilings with integral Cat 2 lighting Perimeter radiators – gas central heating Excellent natural daylight with attractive central courtyard Flexibility for sub-division of floors Male and female toilets on each floor 3 passenger lifts + 1 goods lift 35 basement car parking spaces with generous storage areas Up to 12 additional external parking spaces or possible expansion land.
Location 100 Morrison Street is a hugely prominent office building situated immediately south of the River Clyde and visible from Glasgow’s International Financial Services District (IFSD) and the M8 Motorway.
Glasgow Central Station M8 Motorway
100 Morrison Street
The surrounding micro-location is emerging as a new distinctive quarter for the city with exceptional development opportunities . The area comprises a mix of commercial and residential uses, and lies within a short walk of the traditional city centre business district/IFSD. Motorway access is provided via Junction 21 of the M8 Motorway, and Tradeston is the most accessible area of Glasgow by road, with connectivity to the M74 and M77 accessible within minutes. The Quay Retail Park is located a short walk to the west and offers hotels, leisure and restaurant outlets. Glasgow Airport is approximately 10 minutes to the west by road.
Buchanan Wharf Development
Location
Distance
M8 & M74 Motorways (J21)
0.3 miles (1 minute via car)
M77 Motorway
1.1 miles (3 minutes via car)
West Street Subway Station
0.3 miles (7 minutes walking distance)
The Quay Retail Park
0.4 miles (5 minutes walking distance)
Glasgow Central Station
0.6 miles (12 minutes walking distance)
Queen Street Station
1.1 miles (23 minutes walking distance)
Buchanan Street
0.8 miles (16 minutes walking distance)
Areas
Rateable Value Sq ft
Sq M
4th floor
14,715
1,369.07
3rd floor
18,932
1,758.84
The subjects are currently have been entered into the Valuation Roll under separate entries, however, there may be further savings should the building be entered as a single entry. The current Rateable Value for the building is £994,000. Interested parties should contact Glasgow City Council direct to verify the rating position.
2nd floor
17,508
1,626.55
VAT
1st floor
17,348
1,611.68
The building is elected for VAT and accordingly VAT will be paid on the purchase price.
Ground
16,893
1,569.41
Total
85,396
7,935.55
Floor
EPC A copy of the EPC is available on request.
Offers Offers are invited for our client’s heritable interest in the subjects, sold as seen and with vacant possession. A closing date may be set for receipt of offers. Parties are advised to indicate their interest to the Selling Agents in writing , to ensure they are kept advised of any closing date which may be set.
Typical Floor Plan
100 Morrison Street
Viewings Viewings, further information, plans and asbestos survey available by contacting the joint selling agents.
For further information please contact:
Alison Taylor 0141 305 6381 [email protected] Ross Jubin 0141 305 6383 [email protected]
Fergus Maclennan 0141 223 8768 [email protected] Martin Speirs 0141 223 8792 [email protected]
Cushman & Wakefield LLP and GVA Grimley Limited on their own behalf and for vendors or lessors of this property, whose agents they are, gives notice that: 1/ The particulars are produced in good faith, but are a general guide only and do not constitute any part of a contract. 2/ No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatsoever in relation to this property. 3/ The property is offered subject to contract and unless otherwise stated all rents are quoted exclusive of VAT. 4/ Nothing in these particulars should be deemed a statement that the property is in good condition, or that any services or facilities are in working order. 5/ Unless otherwise stated, no investigations have been made regarding pollution, or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required. Publication Date: September 2017
For sale Refurbishment/ Development Opportunity
Self contained 85,000 sq ft building with M8 motorway visibility
Description 100 Morrison Street comprises approx. 85,000 sq. ft. of modern office accommodation in need of refurbishment / modernisation. Situated in an area steeped in Glasgow’s merchant shipping heritage, on the south side of the River Clyde - the property is close to the Tradeston pedestrian bridge and enjoys excellent views towards the International Financial Services District to the north. The building, occupying an island site, is highly visible from both the Tradeston Bridge ( M8) and city centre. Formed around an attractive bright central courtyard, with large open plan floor plates, 100 Morrison Street presents an exciting opportunity to create a bold statement within Glasgow’s skyline. Refurbishment of the offices will allow investors to capitalise on the growing under-supply of good quality large floor plated office accommodation in Glasgow. The building also has significant potential for alternative uses, subject to the appropriate Statutory consents.
Existing Specification Raised access floor Suspended ceilings with integral Cat 2 lighting Perimeter radiators – gas central heating Excellent natural daylight with attractive central courtyard Flexibility for sub-division of floors Male and female toilets on each floor 3 passenger lifts + 1 goods lift 35 basement car parking spaces with generous storage areas Up to 12 additional external parking spaces or possible expansion land.
Location 100 Morrison Street is a hugely prominent office building situated immediately south of the River Clyde and visible from Glasgow’s International Financial Services District (IFSD) and the M8 Motorway.
Glasgow Central Station M8 Motorway
100 Morrison Street
The surrounding micro-location is emerging as a new distinctive quarter for the city with exceptional development opportunities . The area comprises a mix of commercial and residential uses, and lies within a short walk of the traditional city centre business district/IFSD. Motorway access is provided via Junction 21 of the M8 Motorway, and Tradeston is the most accessible area of Glasgow by road, with connectivity to the M74 and M77 accessible within minutes. The Quay Retail Park is located a short walk to the west and offers hotels, leisure and restaurant outlets. Glasgow Airport is approximately 10 minutes to the west by road.
Buchanan Wharf Development
Location
Distance
M8 & M74 Motorways (J21)
0.3 miles (1 minute via car)
M77 Motorway
1.1 miles (3 minutes via car)
West Street Subway Station
0.3 miles (7 minutes walking distance)
The Quay Retail Park
0.4 miles (5 minutes walking distance)
Glasgow Central Station
0.6 miles (12 minutes walking distance)
Queen Street Station
1.1 miles (23 minutes walking distance)
Buchanan Street
0.8 miles (16 minutes walking distance)
Areas
Rateable Value Sq ft
Sq M
4th floor
14,715
1,369.07
3rd floor
18,932
1,758.84
The subjects are currently have been entered into the Valuation Roll under separate entries, however, there may be further savings should the building be entered as a single entry. The current Rateable Value for the building is £994,000. Interested parties should contact Glasgow City Council direct to verify the rating position.
2nd floor
17,508
1,626.55
VAT
1st floor
17,348
1,611.68
The building is elected for VAT and accordingly VAT will be paid on the purchase price.
Ground
16,893
1,569.41
Total
85,396
7,935.55
Floor
EPC A copy of the EPC is available on request.
Offers Offers are invited for our client’s heritable interest in the subjects, sold as seen and with vacant possession. A closing date may be set for receipt of offers. Parties are advised to indicate their interest to the Selling Agents in writing , to ensure they are kept advised of any closing date which may be set.
Typical Floor Plan
100 Morrison Street
Viewings Viewings, further information, plans and asbestos survey available by contacting the joint selling agents.
For further information please contact:
Alison Taylor 0141 305 6381 [email protected] Ross Jubin 0141 305 6383 [email protected]
Fergus Maclennan 0141 223 8768 [email protected] Martin Speirs 0141 223 8792 [email protected]
Cushman & Wakefield LLP and GVA Grimley Limited on their own behalf and for vendors or lessors of this property, whose agents they are, gives notice that: 1/ The particulars are produced in good faith, but are a general guide only and do not constitute any part of a contract. 2/ No person in the employment of the agent(s) has any authority to make or give any representation or warranty whatsoever in relation to this property. 3/ The property is offered subject to contract and unless otherwise stated all rents are quoted exclusive of VAT. 4/ Nothing in these particulars should be deemed a statement that the property is in good condition, or that any services or facilities are in working order. 5/ Unless otherwise stated, no investigations have been made regarding pollution, or potential land, air or water contamination. Interested parties are advised to carry out their own investigations if required. Publication Date: September 2017
