City Property Glasgow (Investments) LLP
City Property Glasgow (Investments) LLP is a separate LLP formed by Glasgow City Council and City Property (Glasgow) LLP. We acquired the Council’s commercial property portfolio on 29 March 2010. Our portfolio covers a range of property types, including shops, offices and industrial units located in Glasgow. We offer a flexible leasing approach to businesses looking for commercial property to rent. Monthly and annual leases which continue on a rolling basis for a period of up to four years are available, as well as traditional longer term leases. All our properties are managed in-house by the City Property Investments team.
Graham + Sibbald
Graham + Sibbald (G+S) are the appointed agents to City Property Glasgow (Investments) LLP to provide a letting, rent review and lease renewal service for our commercial properties. Any enquiries to lease any additional or relocation of property within the City Property portfolio should be made by contacting G+S on 0141 567 5396 or emailing firstname.lastname@example.org.
Having initially been awarded a contract with City Property in April 2015 to provide agency services, rent reviews and lease renewals the new contract now has a broader scope including valuation, building surveying and property management services.
Since 2015, Graham + Sibbald have transacted over 145 rent reviews and 410 lease renewals on behalf of City Property. Some notable transactions include Domino’s Pizza, Lloyds Pharmacy, DoubleTree by Hilton and the Co-Operative Group.
As part of the agency services, around 240 new lettings have been concluded by Graham + Sibbald over the length of the initial contract with a further 40+ now under offer. In 2019, both organisations saw 70 lettings conclude which averages to one letting every three working days.
Most notably, Graham + Sibbald, in partnership with City Property (Glasgow) LLP, brought to the market the Old High School Complex which recently went to a closing date with a preferred bidder expected to be announced shortly.