Offers over
£2,450,000
(£75.22/sq. ft)
Office for saleCitypoint, 21 Tyndrum Street, Glasgow, City Of Glasgow G4
32,571 sq. ft
About this property
Prominent city centre office building with short term income
Highly visible location with excellent accessibility
Ideal HQ opportunity
Let to Response (Building Rewarding Relationships) Ltd with a parent company guarantee from Kura (cs) Ltd until 20 October 2026, limited by a photographic schedule of condition
The building extends to 32,571 sq ft together with 30 car spaces
Current passing rent of £515,000 per annum reflecting £15.72 per sq ft inclusive of parking
Scope for change of alternative use redevelopment
Offers in excess of £2.45 million for the heritable interest are invited. This reflects an attractive niy of 19.77% after allowing for standard costs and LBTT and a low capital rate of £75 per sq ft
Citypoint is located on the nothern edge of Glasgow city centre with immediate access to the motorway network.
The building is arranged over 4 floors and is of modern construction with steel frame and a mixture of glazing and curtain walling system.
The internal space is accessed via a central core and entrance area providing access to two wings within an 'L' shaped floor plate. Each floor can be occupied separately or sub divided if desired with each floor having dedicated male and female toilets. The tenant occupies the building as their headquarters and have arranged the space to include canteen and amenity space for staff on the ground floor and a mixture of open plan accommodation and meeting space on the upper floors.
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