Lismore advise on the sale of 30-40 St Vincent Place, Glasgow

Lismore Real Estate Advisors have advised MARK, on behalf of Arioso UK Properties LP, on the sale of 30-40 St Vincent Place to Lujo Properties.

The property comprises two retail units on Buchanan Street let to Starbucks and EWM and an office let to Clydesdale Bank on St Vincent Place. Extending to 49,857 sqft the office offers short term income with future repositioning / refurbishment potential.

The price of £8.25m reflects a capital value of £154 psf.