* Freehold
* High - quality office building totaling 9, 643 sq ft located in the Castlemilk area of Glasgow
* The property is currently 63% let to seven separate tenants presenting an attractive asset management opportunity
* The current passing rent is £54, 000 per annum (£8. 75 per sq ft)
* 48% of the current income (£25, 897 per annum) is from the Department for Work & Pensions, guaranteed until 2030
* Department for Work & Pensions occupies 32% of the total floorspace (3, 106 sq ft) and has an rpi linked rent review in 2025, collared & capped at 1% & 3%
* The business centre has an Estimated Rental Value of £90, 000 per annum
* Weighted Average Unexpired Lease Term (WAULT) of 3. 01 Years
* Zoned as Economic Development Area within Glasgow City Development Plan
* Substantial car park providing 30 car parking spaces with a ratio of 1: 325 sq ft.
Glenwood Business Centre comprises of a total of 21 high quality office suites
of various sizes within a two storey detached office building. The building is
of steel frame, brick/block construction with a pitched roof clad in profile
metal sheeting.
The location has been a small business hub since its inception and is a great
place for new and existing businesses to grow and develop. Notably, this site
has been popular with indigenous businesses and professional services
capitalising on the small business client base in the area. The property has
also been popular with community organisations due to its accessible location
and the flexibility of lease structures offered.

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