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269 Sauchiehall Street, Glasgow, G2 3HQ

Offers in Excess of
£350,000

Business rates & charges may apply

Graham & Sibbald, Glasgow
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SECTOR

High street retail property for sale

Key features

  • Attractive investment located in a strong retailing location in Glasgow City Centre
  • Let to Cancer Research UK on a FRI lease until June 2029, with a tenant break option in June 2027
  • Tenant has been in occupation for more than 40 years
  • Passing rent of £34,650 per annum reflecting a Zone A rate of £37.91/sq.ft
  • VAT free investment
  • Offers over £350,000, reflecting a net initial yield of 9.56%

Description

The subjects comprise a retail unit arranged over ground and basement floors forming part of a larger a four-storey and attic tenement style building of blonde sandstone construction. The main building is of traditional stone construction surmounted by a pitched roof. The property has a traditional corner frontage comprising two large single glazed display windows with a recessed pedestrian entrance projecting signage above.

Internally, the property has been sub-divided to create a front sales area with associated changing room and storage accommodation. Access to the basement is taken via an internal timber stairwell to a kitchen facility and toilet compartment to the front section, with the remainder of the basement area being utilised as storage. Access can be taken to a common close and stairwell from the rear left of the basement area. The unit is finished to a modern standard.

Brochures

269 Sauchiehall Street, Glasgow, G2 3HQ

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cowcaddens Station0.2 miles
  • Charing Cross (Glasgow) Station0.4 miles
  • Buchanan Street Station0.4 miles

About Graham & Sibbald, Glasgow

233 St. Vincent Street, Glasgow, G2 5QY

Notes

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Disclaimer - Property reference 139642FH. 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 Graham & Sibbald, 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.