204 London Road, Glasgow, Glasgow City, G40 1PB
£148.06 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
878 sq ft
82 sq m
- SECTOR
Restaurant for sale
Key features
- PRIME COMMERCIAL PROPERTY FOR SALE
- EXCEPTIONAL INVESTMENT OPPORTUNITY IN A HIGH-PROFILE LOCATION
- HIGH POTENTIAL RENTAL YIELD OF 10.37% (BASED ON GUIDE PRICE)
Description
***Situated in a prominent position on the bustling London Road, this versatile commercial property offers a rare opportunity to acquire a well-located unit. Just minutes from the city centre and within close proximity to the Emirates Arena, Celtic Park, and major transport links, this property benefits from high footfall and excellent visibility.***
***KEY FEATURES***
*Prime location on a busy arterial route. situated to the opposite of The Barras, the famous market. Excellent double fronted ground floor retail premises. Available for immediate occupation, with on street parking available*
*HIGH POTENTIAL RENTAL YIELD* - Current annual rental recommendation of £14,000, representing an annual yield of 10.76% based on guide price
*VERSATILE SPACE* - At 878 square feet, it is a spacious internal layout suitable for a range of uses including retail, office, caf, or professional services (subject to planning)*
*Large display windows offering natural light and street presence. Double-fronted retail premises with central access door and two adjacent display windows all protected by manual roller shutters. Internally provides main open-plan from area with storage / tea-prep / WC provided to the rear.*
*Regular bus services operate on London Road whilst Argyle Street Railway Station is a 10 minute walk west.*
*Nearby occupiers include Barras Art & Design Centre (BAD), Motoring World, Scran, Loch Fyne Shellfish Bar and Glickman's Sweet Shop.*
*Whether you're an investor, owner-occupier, or developer, 204 London Road presents a fantastic chance to secure a high-potential property in one of Glasgow's most dynamic and regenerating areas.*
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 15, 1/9, Ashgrove Road, Glasgow, G40 4AF - SOLD Feb'25 - £157,000
- 229, Flat 12, London Road, Glasgow, G40 1PE - 2 bedroom - SOLD Feb'25 - £148,000
- 35, Mill Crescent, Glasgow, G40 1JK - 2 bedroom - SOLD Feb'25 - £167,000
***Glasgow is the largest city in Scotland, and the city centre is busy and thriving, with no shortage of demand for office space***There are many transport links to and from the city, with the M8 motorway running through the centre and two large train stations, as well as multiple bus routes into and within the centre***Local amenities include a high number of restaurants, bars, nightclubs, theatres and cinemas***The M8 Motorway network provides easy access for commuting across central Scotland as well as Glasgow International Airport.***
GUIDE PRICE: £130,000
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Brochures
204 London Road, Glasgow, Glasgow City, G40 1PB
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- High Street (Glasgow) Station0.4 miles
- Argyle Street Station0.5 miles
- Bellgrove Station0.6 miles
Notes
Disclaimer - Property reference 294895. 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 Online Property Auction Group, 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 Online Property Auction Group, Glasgow on 01409 335799.
*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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