Suite 1/3, 12 Renfield Street, Glasgow, G2 5AL
- PROPERTY TYPE
Office
- SIZE
Ask agent
Key features
- PRIME NEW ENTRY. Excellently presented commercial unit, set in a prime central location in Glasgow.
- For rental purposes, the property could potentially achieve £450 - £550 per month (£5,400 - £6,600 p/a). This would provide a fantastic 22% - 24% yield if achieved for guide price.
- Sure to appeal to shrewd commercial investors looking for an easily lettable property or owner occupiers looking for an affordable commercial unit in Central Glasgow
- Property is situated in a prime location in Glasgow, just a short 2 minute walk to Glasgow Central Station and close by to a whole host of local amenities.
- Property benefits from a rateable value of £2,100, qualifying for small business rates relief.
Description
- PRIME NEW ENTRY. Excellently presented commercial unit, set in a prime central location in Glasgow.
- For rental purposes, the property could potentially achieve £450 - £550 per month (£5,400 - £6,600 p/a). This would provide a fantastic 22% - 24% yield if achieved for guide price.
- Sure to appeal to shrewd commercial investors looking for an easily lettable property or owner occupiers looking for an affordable commercial unit in Central Glasgow
- Property is situated in a prime location in Glasgow, just a short 2 minute walk to Glasgow Central Station and close by to a whole host of local amenities.
- Property benefits from a rateable value of £1,000, qualifying for small business rates relief.
We are excited to present this excellent commercial property in Glasgow.
Property comprises: Bright spacious office, communal kitchen & bathroom.
***Rateable Value £1,000 p/a***
Excellent high yield potential. Potential yield of 22% - 24% if achieved for guide price, based on an estimated rent of £5,400 - £6,600 p/a.
Sure to appeal to investors looking for an affordable commercial investment with low rates.
Excellent affordable office space for business owners looking for an office in Central Glasgow.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Location:
Glasgow is Scotland's largest city, known for its affordable living, vibrant culture, and strong economy. It boasts top universities, excellent transport links, and plenty of green spaces, making it a desirable place to live. For investors, Glasgow offers strong rental yields, ongoing regeneration projects, and a booming economy, particularly in finance, tech, and tourism. With lower property prices than other major UK cities, it presents a great opportunity for both residential buyers and investors looking for growth and stability.
Suite 1/3, 12 Renfield Street, Glasgow, G2 5AL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Glasgow Central Station0.2 miles
- Glasgow Queen Street Station0.2 miles
- St. Enoch Station0.3 miles
About Prime Property Auctions (Scotland) Ltd, Glasgow
100 West Regent Street, Suite 3.02, Glasgow, G2 2QD
Notes
Disclaimer - Property reference 215038149. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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