COMMERCIAL property agents, FG Burnett, have acquired a 2,115 sq ft office at Cadell House, Waterloo Street, Glasgow, on behalf of Intelligent Pensions Ltd.
A five year lease at rent of £15 per sq ft, with a three year break, was agreed and the deal was arranged and fit-out completed within a ten-week time frame.
FG Burnett also provided space planning and project management advice in the fit-out of the new office and the client completed the relocation on schedule.
FG Burnett director, Gavin Smith, said: “The client was looking to move from a business centre location to a high quality, more permanent office. We were able to identify and conclude the lease and mange the fit-out in only ten weeks, which met the client’s requirements.
“We believe the client will benefit from significant occupational costs savings as a result of the relocation.”
Chartered surveyors CRGP Robertson LLP acted on behalf of the private landlord to facilitate the tight timescales. David Allen of CRGP Roberston, said: “Cadell House is a striking office development in the heart of Glasgow’s central business district, offering flexible high grade accommodation.
“Intelligent Pensions are a welcome addition to the building and are an excellent match for our desired tenant profile.”
Note to Editors
FG Burnett Ltd was founded in 1960 and the practice has now grown to become one of the largest firms of chartered surveyors and property consultants – based in Aberdeen and Glasgow.
FG Burnett provides Scotland-wide coverage for a range of services including sales, lettings and acquisitions; building surveying; development consultancy; investment consultancy; property management; rating consultancy, rent reviews and commercial valuation and compensation.
The majority of FG Burnett’s technical staff are members of The Royal Institution of Chartered Surveyors, and using state of the art Information Technology, delivers professional expertise and intimate knowledge of the market place.
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