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McEwan Fraser Legal Estate Agent in EH7 4LB
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Back to search: Glasgow or St. Vincent Street

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Modern 0 bed property

Available
For Sale
Listed May 31, 2024
£2,400,000
Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

" McEwan Fraser Legal is delighted to present to the market The Hatrack, formally known as St Vincent Chambers. The Hatrack stands as a sublime testament to the cityâ--s rich architectural heritage. Designed by James Salmon Jnr and built in 1902, the building is famous for its highly-detailed and abundantly-glazed Art Nouveau facade. Expanding over eight floors The Hatrack now welcomes modern professionals to its Grade A listed premises. This iconic building offers a rare blend of traditional elegance and contemporary office suites, meticulously designed to cater to a variety of business needs. The majority of the office space is tenanted, currently offering an 8% return on investment. The property expands over eight floors, seven of which offer approx 1952 sq mt of flexible office space and the eighth floor housing the central plant room. Each floor benefits from shared facilities such as ladies and gent‘s WC and kitchen areas and is serviced by an iconic wrought-iron lift cage or can be accessed by the decorative central staircase. The building is currently tenanted by a variety of professional companies and currently offers a generous 8.75% rental yield. Given the history and location of The Hatrack and with the correct consent the property would make an excellent aparthotel or residential development. The Hatrack is more than just an office space; itâ--s a prestigious address set within a historic icon of Glasgowâ--s architectural realm. Early viewing is highly recommended to appreciate the endless potential the property has to offer. Services - Mains gas, electric, water and drainage Tenure - Freehold Financials - Lease and accounts information will be released following a formal note of interest

By appointment through McEwan Fraser Legal on Glasgow 0141 404 5474

McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.

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Property Location

Average Price
Crime
Nearby Schools
Bowness-on-Solway Primary School
74.9mi
Silloth Primary School
76.4mi
Solway Community School
76.5mi
Longtown Primary School
77.6mi
Kirkbride Primary School
78.6mi
Nearby Stations
Glasgow Central Station
0.2mi
Glasgow Queen Street Station
0.3mi
Argyle Street Station
0.4mi
Anderston Station
0.5mi
Charing Cross (Glasgow) Station
0.5mi
Schools
Stations
On the map
Road view

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