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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.


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