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551 Sauchiehall Street, Glasgow, G3 7PQ

Guide Price
£175,000

Business rates & charges may apply

Prime Property, Glasgow
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SECTOR

Commercial property for sale

Key features

  • * PRIME NEW LISTING. We are excited to present this tenanted office unit located within a prime location in Glasgow.
  • * The property is currently tenanted at £12,000 per annum on an FRI lease, with rent set to increase by 10% every three years for the next decade.
  • *This is an exceptional opportunity for a savvy investor seeking passive rental income. Turnkey investment.
  • * Located in a highly sought-after area in Glasgow's city centre, the property offers excellent access to local transport links and amenities.
  • * The property benefits from recurring monthly revenue with a robust lease and prime location. With a rateable value of £13,619 and comprising a floor area of 97.28 square metres.
  • * The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Description

PRIME NEW LISTING. We are excited to present this tenanted office unit located within a prime location in Glasgow.




The property is currently tenanted at £12,000 per annum on an FRI lease, with rent set to increase by 10% every three years for the next decade. This is an exceptional opportunity for a savvy investor seeking passive rental income. Turnkey investment.




Located in a highly sought-after area in Glasgow's city centre, the property offers excellent access to local transport links and amenities. It presents the perfect opportunity for a landlord looking to capitalise on rental income potential and long-term capital growth.




The property benefits from recurring monthly revenue with a robust lease and prime location. With a rateable value of £13,619 and comprising a floor area of 97.28 square metres, it presents a compelling investment opportunity.




The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.




PRIME NEW LISTING. We are excited to present this tenanted office unit located within a prime location in Glasgow.




The property comprises five versatile office rooms, a well-equipped kitchen, and separate gents' and ladies' toilets.




The property is currently tenanted at £12,000 per annum on an FRI lease with a 10% rent increase every three years for a decade, providing a wonderful opportunity for passive income investment.




Located in the desirable centre of Glasgow, the property has excellent access to transport links and amenities, making it ideal for landlords aiming for consistent rental income and capital growth.




Further enhancing its investment appeal, the property features consistent monthly revenue supported by a sturdy lease and enviable location. It covers a floor area of 97.28 square metres and has a rateable value of £13,619.




Room 1; 107 square feet,




Room 2; 215 square feet,




Room 3; 323 square feet,




Room 4; 280 square feet,




Room 5; 280 square feet




The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.




This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our "Offer NOW" button on our website.




This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.




For further details on how to have a bidding account created, please contact the team.




Location

Glasgow is a vibrant city known for its rich history, cultural landmarks, and thriving arts scene. It boasts excellent transport links, a bustling city centre, and a range of amenities, making it a highly desirable location for both businesses and residents.

551 Sauchiehall Street, Glasgow, G3 7PQ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Charing Cross (Glasgow) Station0.0 miles
  • St. George's Cross Station0.4 miles
  • Anderston Station0.4 miles

About Prime Property, Glasgow

100 West Regent Street, Glasgow, Scotland G2 2QD

Notes

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Disclaimer - Property reference 223695305. 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, 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, Glasgow on 0141 673 3554.

*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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