Commercial Property for Auction

Two prominently positioned commercial properties located on the established Saracen Street in Glasgow. Both properties would benefit from refurbishment but present an ideal buy-to-let investment. Once repaired and finished to a good standard, the units are considered capable of attracting strong tenant demand from a range of local occupiers, including convenience retail, professional services, takeaway operators or other uses subject to any necessary consents. 274 Saracen Street is a former grocery store, 129.48 sqm in size with a rateable value of £9500 and consists of a shop front, storage to rear and basement. 278 Saracen Street is a former fruit and vegetable store, 63.66 sqm in size with a rateable value of £6900 and consists of a shop front with ample storage to rear. The properties may qualify for rates relief. Following refurbishment, the properties are expected to generate competitive market rental income in line with comparable commercial premises within the locality, offering the potential for improved capital value and an attractive investment yield. The properties are freehold. Situated within the well-established Possilpark area of north Glasgow, approximately 2.5 miles from Glasgow City Centre, Saracen Street is a prominent commercial location benefiting from excellent connectivity and a strong local customer base. The surrounding area comprises a mix of residential neighbourhoods, established businesses, schools, healthcare facilities and everyday amenities, making it well suited to a variety of commercial occupiers, including retail, office and service-based uses. Nearby occupiers include Screwfix, Toolstation, Glasgow Angling Centre and B&M, alongside a range of independent retailers and community services that generate regular footfall. The location is well served by frequent bus services along Saracen Street, while Possilpark & Parkhouse railway station provides direct links to Glasgow Queen Street and the wider rail network. Excellent road connections via the A879 and M8 motorway offer convenient access to Glasgow City Centre, the Central Belt and Scotland's wider motorway network, enhancing the property's accessibility for both customers and businesses. The local authority is Glasgow City Council. Buyers should be aware of Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. An Administration Charge of 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, is payable on exchange of contracts. Disbursements may also be payable by the purchaser on completion, as detailed in the legal pack.