Ryden and Johnston Waddell retained by Springfield Property Fund
3 October 2011
Ryden and Johnston Waddell have been appointed as joint letting agents at 290 Bath Street in Glasgow by new owners Springfield Property Fund.
Springfield purchased the 20,000 sq ft office building from the UNITE Union in June 2011 and has already commenced a full refurbishment programme at the building, including new entrance and ground floor reception, new lighting, new carpets and refurbished toilets and lifts.
A range of office suites from c. 1,000 sq ft upwards are available on flexible lease terms at a rental of £12 per sq ft. 13 secure car parking spaces are also on offer at £2,000 per annum each and there is additional basement storage.
Alan Esson of Springfield Real Estates Management, advisors to the Fund, commented: “The client was keen to acquire a property in Glasgow and 290 Bath Street presented the ideal investment opportunity. The property is ideally located, offers flexible office space and at a quoting rental of £12 per sq ft is great value for money for occupiers. If the interest received in the building so far is anything to go by, I’m sure that new tenants will be secured shortly.”
