Curo Property Funds LLP in a joint venture with SCOT Sheridan has purchased Charlotte House in the heart of Glasgow City Centre for £5m with plans to fully refurbish the building. Jones Lang LaSalle sold the 12 storey office building to the property management and development firms on behalf of LaSalle Investment Management. Charlotte House is prominently located on the east side of Queen Street in Glasgow. The 1960s office building has excellent communication links with close access to Queen Street and Central Railway Stations, as well as surrounding bus routes. Glasgow’s premier shopping district of Buchanan Street and Argyle Street can be accessed by a two minute walk from the building. The building is in need of significant refurbishment to meet the demands of modern day office occupiers, however it is understood the purchasers intend to convert the building into a hotel.
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