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Tenanted Commercial Retail Unit

Glasgow, G2 - Get Access

Description

Tenanted commercial retail unit for sale, benefiting from Class 1A consents. The property is currently tenanted on a rolling monthly arrangement, producing an annual income of £15,000, with a two-month notice period. The premises are arranged over ground and mezzanine levels, featuring a prominent frontage, a small kiosk at the entrance with potential to be sub-let, and vacant possession upon sale. Net floor areas comprise 890 sq. ft / 82.68 sq. m on the ground floor and 167 sq. ft / 15.54 sq. m on the mezzanine level. Situated on the south side of Sauchiehall Street at its junction with Pitt Street, close to the Charing Cross area and central business district, the property benefits from a main thoroughfare location with a large student population in the vicinity. Sauchiehall Street is one of Glasgow's principal thoroughfares and is currently undergoing comprehensive regeneration as part of the city centre revitalisation strategy. Nearby occupiers include Nando's, Black Sheep Coffee, Glasgow School of Art, CCA Glasgow Museum, and JD Wetherspoon. The location offers excellent transport links, with immediate access to Cowcaddens Underground Station, Buchanan Bus Station, and mainline railway stations at Glasgow Central and Glasgow Queen Street all within a short walk. Rateable value is £20,000 per annum.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 1,057 sq ft (Listing)

This commercial retail unit on Sauchiehall Street was valued by assessing its capital value per square foot and income-generating potential. The property is situated in a prominent city-centre location benefiting from ongoing regeneration. Condition was factored in at a good standard (6/10) with traditional frontage and display windows requiring no material upgrade, and the floor area of 1,057 sq. ft. was sourced from the listing details.

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