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For Sale£1,175,000.00

109-113, Sauchiehall Street, Glasgow, G2 3DD

Retail - High Street, Retail , 1054 Sq Ft
Property type: Retail - High Street, Retail
Tenure: For Sale Freehold
Size: 1054 Sq Ft
Price: £1,175,000.00
Location: 109-113, Sauchiehall Street, 109-113, Sauchiehall Street, Glasgow, G2 3DD

Prime High Street Retail Investment Opportunity

  • Prime retail investment located in Glasgow, the top retailing location in Scotland;
  • Prominent retail unit located on Glasgow’s ‘Golden Z’, the prime retailing pitch in Glasgow;
  • EE Limited (D&B Rating 5A1) until 10th July 2023 at a current passing rent of £111,500 per annum which equates to a Zone A rate of £125.70 per sq ft;
  • Prime retail accommodation arranged over ground and first floors in addition to unfinished cellular space and attic both of which would lend itself to residential redevelopment;
  • Heritable tenure (Scottish equivalent of English Freehold).
  • Offers in excess of £1,175,000 (One Million, One Hundred and Seventy Five Thousand Pounds Sterling) are sought for our client’s heritable interest in the property, subject to contract and exclusive of VAT. A purchase at this level would provide a net initial yield of 9.00% assuming purchaser’s costs at 5.47%.

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