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Retail Property (high street) for sale

94-96 Sauchiehall Street, Glasgow, G2

Removed £1,895,000
4,987 sq. ft.

Property Description

Commercial information

  • 4,987 sq ft (463 sq m)

Key features

  • Located on Sacuhiehall Street - only 200 metres from Buchanan Street.
  • 76% of income secured against national covenant of Holland and Barrett Retail Ltd.
  • Passing rent of 210,400 per annum.
  • Offering 4,987 sq ft of retail accommodation.
  • Heritable Interest.
  • AWULT of 2.17 years to expiry and break.
  • Opportunity to increase value by securing long term tenant in 96 Sauchiehall Street.
  • We are seeing bids in excess of 1,895,000 (One Million Eight Hundred and Ninety Five Thousand pounds). A purchase at this level provides a Newt Initial Yield of 10.50% after allowing for purchasers c

Full description

The subject property comprise two retail units over ground and basement floors within a building of traditional stone construction under a pitched and slated roof. The retail units are of a traditional rectangular shape and fitted out in the corporate style of the tenants. The upper floors of the property are under separate ownership.

The subject properties occupy a 100% prime situated on the north side pedestrianised Sauchiehall Street, only 200 metres from Buchanan Street.

Occupiers in the vicinity include McDonald's Clarks, Burger King, Waterstones and Bank of Scotland.

More information from this agent

Map & Street View

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