131-137 Buchanan Street & 47 St Vincent Street

Key Features

• Prime flagship and substantial retail, leisure and office investment opportunity located in Scotland’s largest city.
• Glasgow is Scotland’s largest city with a population of nearly 635,000 and 1.84 million people in Greater Glasgow.
• Located on 100% prime Buchanan Street, one of the best retailing streets in the UK and the second busiest shopping thoroughfare in the UK, second only to Oxford Street in London.
• 90% of income is secured to the retail and leisure tenancies with a WAULT to expiry of 8.52 years to expiry.
• 77% of the retail and leisure income secured to Very Low Risk covenants.
• Exceptional and immediate reversionary potential to be captured on Rituals upcoming rent review.
• Extensive external refurbishment works costing in excess of £1m have recently been completed.
• The retail and leisure element is arranged over ground and basement floor fronting onto prime Buchanan Street and St Vincent Street.
• The office element is arranged over first, second, third, fourth and fifth floors.

PRIME, FLAGSHIP SUBSTANTIAL MIXED USE INVESTMENT OPPORTUNITY

The property comprises a mixed use historical block within Glasgow’s prime city centre.

The property is Category B listed originally constructed in early 1900’s and is a notable example of Glasgow’s early 20th century architecture. Today the property comprises retail on ground and basement floors with self-contained office suites on first to fifth floors.

47 St Vincent Street comprises leisure use over basement, ground and first floor with a courtyard over the first floor atrium.

Location

Glasgow city centre is located at the heart of the motorway network with the M8, Scotland’s main motorway, connecting Glasgow to Edinburgh. The M8 also provides direct access to the north, south, east and west of Scotland through its connections with the M74, M73, M77 and M80. Glasgow has the UK’s largest suburban rail network outside London, benefitting from two city centre train stations.

Glasgow Central, Glasgow’s largest train station, has connections to all major English cities and London can be

reached in around 4 hours. Glasgow Queen Street station connects Glasgow to the east and north of Scotland to

destinations including Edinburgh, Perth, Dundee, Aberdeen and Inverness. Queen Street station completed a major multi million pound redevelopment and expansion in 2021.