David Allison & Company is a commercial property consultancy based in Glasgow, Central Scotland. We are a comprehensive surveying and valuation practice providing commercial property solutions for large Plc’s, small private companies, individuals, pension providers, property companies and many more who all work with us and come back to us as they like, trust and value the significant contribution we make to their business or to them personally.

 

244 Wallace Street

£125,000

Glasgow, G5 8AE

Details

  • £125,000
  • Offices
  • Size: 1,106 sq ft.
  • Date Available: Immediately

PDF-Brochure

CLOSING DATE – MIDDAY, 6TH AUGUST 2024

HIGH QUALITY OFFICE / SHOWROOM

  • High quality office/showroom/studio
  • Superb fit out and décor throughout
  • Prominent corner location in Kingston Quay
  • Split level accommodation
  • Ground floor reception with upper floor open plan office
  • ‘A’ rated EPC
  • Feature glass fronted boardroom/meeting room
  • Net Internal Area:
    Ground Floor:           164 sq ft         (15.18 sq m)
    Upper Floor:             942 sq ft         (87.62 sq m)
  • Private car parking available by arrangement
  • Offers in excess of £125,000 sought

LOCATION

The subjects are prominently situated fronting Wallace Street at the corner with Dalintober Street, being part of the Kingston Quay development on the south side of the River Clyde within walking distance of the city centre.  The recently developed, major office development for Barclays Bank is situated nearby.

Vehicular access to the east and southbound carriageways of the M74 motorway is directly in front of the subjects.

The street plan opposite shows the approximate location of the subjects, for information purposes only.

GENERAL DESCRIPTION

The subjects comprise a very attractive, high quality, bright and modern  shop-fronted office/showroom/studio, contained on the ground floor of the flatted development known as Kingston Quay.

The accommodation offered is flexible in layout with attractive décor and fittings including a fully fitted kitchen and male/female toilets.  Secure parking is available by arrangement in the basement of the building.

ACCOMMODATION & FLOOR AREA

The ground floor provides an attractive reception area with doors to both Wallace Street and Dalintober Street.  There is a good sized storage area off the reception.

The upper floor provides an open plan office area with separate feature glass fronted boardroom/meeting room.  There is a modern staff kitchen with separate male and female toilets.

We calculate the Net Internal Floor Area in accordance with the RICS Code of Measuring Practice 6th Edition) to be approximately:-

  • Ground Floor                 164 sq ft            (15.18 sq m)
  • Upper Floor                   942 sq ft            (87.62 sq m)
  • Total                         1,106 sq ft          (102.80 sq m)

RATING ASSESSMENT

The subjects are currently entered in the Valuation Roll with a Rateable Value of £8,200.

At this level of value any incoming tenant may qualify for 100% rates relief under the Small Business Bonus Relief Scheme – enquiries and application to the Local Authority.

SALE PRICE

We are instructed to seek offers to purchase in excess of £125,000 for our client’s outright ownership in the subjects.

Note:  Furnishings and fittings available separately by negotiation.

VAT

No VAT is payable on any agreed purchase price.

LEGAL COSTS

Each party will be responsible for payment of their own legal costs to be incurred in any transaction.

EPC

The properties have been assessed for energy performance and currently have a ‘A’ rating.

ANTI-MONEY LAUNDERING

In order to comply with anti-money laundering legislation, the successful purchaser / tenant will be required to provide certain identification documents.  The required documents will be confirmed and requested at the relevant time.

Agent(s) for this listing

David Allison

Director
Office: 0141 375 1555
Fax: 0141 375 1666
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