Bar / Nightclub for sale304-332, Sauchiehall Street, Glasgow, City of Glasgow, G2
Withdrawn from Market
46,203 sq. ft.
- 46,203 sq ft (4,292 sq m)
- Prime multi let leisure and retail investment Iconic listed building in one of Glasgow's main leisure destinations Adjacent to the Glasgow School of Art in the heart of Glasgow City Centre Anchored
The property comprises a Grade C listed building with extensive frontage onto Sauchiehall Street. There are two leisure units and two retails units with a telecoms mast on the roof.
The two leisure units comprise the O2 ABC Glasgow and Campus bar, restaurant and nightclub. The two retail units are let and trading as a barbershop and a takeaway.
Campus is fitted out as a sports bar and restaurant over basement, ground and first floors.
The O2 ABC comprises a main stage with associated viewing space and dance floor, along with a second stage and bar areas over three levels. The venue has capacity for over 1,700 people and has hosted a number of famous acts such as Wu Tang Clan, Average White Band, The Fratellis and Macy Gray.
Prime multi let leisure and retail investment
Iconic listed building in one of Glasgow's main leisure destinations
Adjacent to the Glasgow School of Art in the heart of Glasgow City Centre
Anchored by the world renowned O2 ABC venue
Over 19 years WAULT to expiry
Passing rent of £454,526 per annum
Offers in excess of £4.95 million reflecting a net initial yield of 8.65%,assuming standard purchaser's costs
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