Turn-key Category A listed block with strong yield in Glasgow city centre..
15.3% guide-price yield when fully let
Extensive c.15,700 sqft serviced office accommodation
Central location — 250 yards from Glasgow Central station
Category A Listed — alterations restricted, consent likely required
Newly refurbished exterior and interiors; turn-key condition reported
Estimated full-occupancy income £214,817.50 pa
High estimated service charges £85,613.94 (reduces net yield)
Sold at online auction; 10% deposit and buyer’s administration fee applies
An exceptional city-centre investment in a Category A listed Victorian landmark, offered with strong rental history and recent high-level refurbishment. The building extends to c.15,700 sqft of serviced office accommodation, currently producing £150,370 pa and estimated to yield £214,817.50 pa at full occupancy — a guide-price yield of 15.3%.
The property is centrally located within 250 yards of Glasgow Central station, surrounded by major occupiers and abundant local amenities. The building benefits from two 8-person passenger lifts, WC and tea preparation facilities on each floor, and turn-key interiors following the vendor’s refurbishment. The lower ground floor café and bar are excluded from the sale.
Buyers must note material constraints: this is a Category A Listed building so future alterations are restricted and will require consents. The lot is sold at online auction (29 October 2025) under unconditional terms, with a 10% deposit and buyer’s administration fee and additional completion obligations. Service charges are high — estimated at £85,613.94 with full occupancy — which materially affect net returns.
This lot suits investors seeking a landmark, income-producing asset in Glasgow’s commercial core who can manage listed-building responsibilities and short-term occupancy risk. Prospective purchasers should review the legal pack carefully for tenancy schedules, service charge breakdowns and any specific listed-building liabilities before bidding.