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Agent's details

239 – 243 Sauchiehall Street, G2

For sale: £750,000.00|5,569 Sq Ft|General Retail, Retail

Property details

FOR SALE£750,000.00
SIZE5,569 Sq Ft
ADDRESS239 – 243 Sauchiehall Street, Glasgow, G2 3EZ
TYPEGeneral Retail, Retail
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON2nd June 2024

Description

Key Points

  • Excellent investment opportunity
  • Building has recently undergone external refurbishment
  • Fully let to three separate tenants
  • Neighbouring occupiers include Black Sheep Coffee, Taco Bell, Heavenly Desserts and Tesco
  • Total rental income of £71,500 per annum
  • Offers over £750,000 = NIY 9.06% and reversionary yield of 10.01% after purchasers' costs
  • Summary

    Fully let, mixed use city centre investment opportunity located on prime section of Sauchiehall Street opposite McClellan Works.

    Description

    Fully refurbished mid-terraced building arranged over basement, ground, first and second floors.

    Each unit is fully self-contained with dedicated WCs and separate utilities.

    Location

    Located within heart of Glasgow City Centre commanding a highly prominent corner position on the south side of Sauchiehall Street by its junction Blythswood Street.

    Across the road is the highly successful McLellan Works and is in close proximity to the Glasgow School of Art, GFT, Magwrx as well as the Buchanan Galleries.

    Regular bus services operate on Sauchiehall Street whilst Cowcaddens Underground Station, Queen Street & Central Railway Stations and Buchanan Bus Station are all a short walk from the subjects.

    Metered on-street parking is provided as well as numerous multi-storey car parks in the immediate vicinity.

    Neighbouring occupiers include Black Sheep Coffee, Sprigg, Cupp, Taco Bell, Heavenly Desserts, Nando’s and Tesco.

    Availability_text

    The accommodation comprises the following areas:

    Planning

    239 Sauchiehall Street - Public House with late 3AM license.

    241 Sauchiehall Street – Class 1A

    243 Sauchiehall Street – Class 11

    Location

    marker
    Location: 239 – 243 Sauchiehall Street, Glasgow, G2 3EZ

    Charing Cross (Glasgow) (0.1 miles)

    Glasgow Central (0.4 miles)

    Anderston (0.4 miles)

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