One of the best-known office buildings in Glasgow, Tay House on Bath Street which straddles the M8 motorway, is to receive an extensive refurbishment to 50,000 sq ft of its office space. The £2m refurbishment, being advanced by the owner, Regional REIT`s asset manager London & Scottish Property, includes new mechanical cooling as well as the incorporation of additional showers and cycle storage facilities in the basement.
This significant part of Tay House, with its huge, column-free, open area includes one floor of 30,000 sq ft which spans the M8 across to Charing Cross. The refurbishment is expected to complete in early April 2016 at a time when there is limited space available for large scale occupiers in the city centre.
The refurbishment to the office follows the major upgrading and extension to the main entrance and the letting of the top floor to the University of Glasgow.
Ken McInnes, Ryden Partner, commented: “The building represents great value for money given that alternative availability is mostly limited to new Grade A developments with significantly higher occupational costs.”
Colin MacKenzie, Knight Frank Partner, added: “This is significant space, column-free, and ideal for occupiers’ space planning needs.”