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The Merchant Quarter Residences Portfolio, 23 Nelson Mandela Place, Glasgow, G2 1QY

  • 2,852 sq ft
  • For Sale
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The Merchant Quarter Residences Portfolio, 23 Nelson Mandela Place, Glasgow For Sale - Shower 4.jpg
Property Type
Tenure For Sale
Size 2,852 sq ft
Business Rates £22,410 per annum
Rateable Value £45,000
Service Charge n/a
Estate Charge n/a
Energy Performance Rating This property has been graded as B

A unique opportunity to acquire a portfolio of two serviced apartment blocks in the heart of Glasgow City Centre.

Key Features

  • Ready to operate serviced apartment portfolio
  • City centre location near all transport links and amenities

Description

The Merchant Quarter Residences Portfolio comprises two serviced apartment blocks of considerable architectural character, comprising 18 apartments in total across two prime city centre addresses, with a combined gross internal area of 7,143 sq ft (663 sq m).

23 Nelson Mandela Place is housed within an impressive B-listed Victorian building of considerable architectural merit, comprising ten fully furnished serviced apartments arranged across the first to third floors, comprehensively renovated in 2016.

Each studio features a fully equipped open-plan kitchen and living area, a well-sized bedroom with built-in storage, and a stylish shower room.

Location

23 Nelson Mandela Place occupies a prime position in the heart of Glasgow city centre, fronting one of the city's most vibrant public squares, close to the landmark Royal Concert Hall and within walking distance of Buchanan Street and George Square. The principal business district — including Barclays, JP Morgan and Morgan Stanley — is a short walk away, with Queen Street Station virtually on the doorstep.