Hatrack Building, 144 St Vincent Street, Glasgow, G2 5LQ
Offers around £2,100,000 - Mortgage funding available
A rare opportunity to purchase one of Glasgow's most iconic Art Nouveau buildings. Spanning over eight floors and only 30 ft wide The Hatrack building is a recognised Glasgow landmark.
0 Bedrooms
0 Public Rooms
0 BathroomsProperty Description
McEwan Fraser Legal is delighted to present to the market The Hatrack, formally known as St Vincent Chambers. The Hatrack stands as a sublime testament to the city’s rich architectural heritage. Designed by James Salmon Jnr and built in 1902, the building is famous for its highly-detailed and abundantly-glazed Art Nouveau facade. Expanding over eight floors The Hatrack now welcomes modern professionals to its Grade A listed premises. This iconic building offers a rare blend of traditional elegance and contemporary office suites, meticulously designed to cater to a variety of business needs. The majority of the office space is tenanted, currently offering an 8% return on investment.
The property expands over eight floors, seven of which offer approx 1952 sq mt of flexible office space and the eighth floor housing the central plant room. Each floor benefits from shared facilities such as ladies and gent's WC and kitchen areas and is serviced by an iconic wrought-iron lift cage or can be accessed by the decorative central staircase.
The building is currently tenanted by a variety of professional companies and currently offers a generous 8.75% rental yield. Given the history and location of The Hatrack and with the correct consent the property would make an excellent aparthotel or residential development.
The Hatrack is more than just an office space; it’s a prestigious address set within a historic icon of Glasgow’s architectural realm. Early viewing is highly recommended to appreciate the endless potential the property has to offer.
Services - Mains gas, electric, water and drainage
Tenure - Freehold
Financials - Lease and accounts information will be released following a formal note of interest
The description of properties on the website do not form part of any offer and all statements and photographs are for illustrative purposes only and not guaranteed. Buyers must satisfy themselves on the accuracy and authenticity of each property listed.
All buyers must check the title deeds with their solicitor to ensure what they think they are buying or what has been advertised is actually confirmed in the deeds. McEwan Fraser Legal do not check title deeds when marketing property and as such buyers must satisfy themselves that all advertised information is correct.
Location of Property
Viewing
By appointment through McEwan Fraser Legal on Glasgow 0141 404 5474
McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
More details
Part Exchange your property for a home on our site
If you are interested in a property we have available for sale and have your own property to sell, we can refer you to MP Ltd (who operate independently of McEwan Fraser Legal). They can offer you a guaranteed cash offer for your own property through this unique Part Exchange option which may allow you to sell your property quickly and easily without any Estate Agency fees or advertising costs. This allows you to make an offer for any property on our site safe in the knowledge that your existing house has a firm legal offer.
Please contact us for further details or complete the Part Exchange form. Remember your dream home could be only a phone call away 0131 524 9797.
Mortgage funding may be available through an authorised mortgage broker
McEwan Fraser Legal are working closely with authorised mortgage brokers in order for our clients to obtain mortgage funding (see terms and conditions, which normally apply, below)
- Aged 18+
- You are in permanent employment
- Self Employed usually need to have 2 years accounts available
- Permanent right to reside in the UK
- You have no adverse credit that would affect your ability to repay funding
Should you wish to obtain further information please complete the enquiry form
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