property<\/a> at 190 St Vincent Street is on the market for offers over \u00a31.125 million.<\/p>\nThe price represents a net initial yield of eight per cent.<\/p>\n
Marketed jointly by Knight Frank and Frazer Kidd, the building, which dates back to 1897, is sandwiched between two larger buildings on one of Glasgow’s main commercial thoroughfares.<\/p>\n
(Image: Supplied) It consists of 11,050 sq ft\u00a0spread over five storeys and is currently owned by a private investor.<\/p>\n
Designed by Glasgow architect firm Burnet & Boston in an English renaissance style, the building features distinctive red ashlar stonework, Corinthian columns and tripartite windows, with much of the original interior still intact.<\/p>\n
The building is currently fully let to Scottish law firm Miller Beckett Jackson, which has a lease in place for the next 40 years.<\/p>\n
The basement unit is sublet to the South Indian restaurant Banana Leaf.<\/p>\n
Edin Lynch, surveyor at Knight Frank Glasgow, said: “190 St Vincent Street presents a rare opportunity to acquire a striking period office building in a prime city centre location.<\/p>\n
“With a secure lease term and an attractive yield, the asset offers a compelling investment.<\/p>\n
“Its distinctive architecture and prestigious address are expected to attract strong interest from high-net-worth individuals, families, investors, and architectural enthusiasts.”<\/p>\n","protected":false},"excerpt":{"rendered":"One of Glasgow\u2019s most recognisable office buildings is up for sale for offers over \u00a31 million. The Grade…\n","protected":false},"author":2,"featured_media":127263,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7826],"tags":[748,56169,56170,918,4884,56168,19057,712,56171,16,15],"class_list":{"0":"post-127262","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-glasgow","8":"tag-britain","9":"tag-frank-glasgow","10":"tag-frazer-kidd","11":"tag-glasgow","12":"tag-great-britain","13":"tag-knight-frank","14":"tag-office-buildings","15":"tag-scotland","16":"tag-st-vincent-street","17":"tag-uk","18":"tag-united-kingdom"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/127262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=127262"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/127262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/127263"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=127262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=127262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=127262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}