201A, Pitt Street, Glasgow, G24DT
Business rates & charges may apply
- SIZE
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- SECTOR
Commercial property for sale
Key features
- 2,506 Sq.Ft Licensed Premises with large basement on Pitt Street within the city centre. Freehold Sale located off Sauchiehall Street. Lease on FRI terms with annual rental £30,000 (inc. VAT).
- Rateable Value - £20,500 p/a. SUPERB TRADING LOCATION WITHIN CORE CITY CENTRE - Commercial Investment Opportunity - Well-Let investment on FRI lease terms at £25,000? per annum.
- Metered on street parking is provided to the front of the subjects and there are numerous nearby multi-storey car parks. Glasgow Central/Buchanan St Underground Station are within walking distance.
- Glasgow, known for its rich history and vibrant cultural scene, is a bustling city that offers an exciting environment for businesses. With excellent transport links and a plethora of amenities.
- Situated in a popular location in Glasgow, this property benefits from being just a short walk from Glasgow Central Station and is close to a whole host of amenities and transport links.
Description
** SALE BY AUCTION - 16 July 2026 - Timed Online Auction **
2,506 Sq.Ft Licensed Premises with large basement on Pitt Street within the city centre. Freehold Sale located off Sauchiehall Street. Lease on FRI terms with annual rental £30,000 (inc. VAT). E-sports bar for players and fans, board game lovers, and anyone who looks to hang around with friends and some authentic drinks and cocktails. Licensed premises is arranged over Ground and Basement levels and comprise the following approximate net internal area: Ground - 169.53 Sq.Ft / 15.75 Sq.M Basement - 2,506 Sq.Ft / 232.82 Sq.M The tenant has undertaken an impressive fit out with attractive bar area, gaming rooms and toilet facilities. Combination of internet cafe, traditional pub and e-sports match view arena. Lease The subjects are let on an FRI basis to Dingsheng Trading Ltd at a rental of £25,000 per annum. The lease will expire on 8th December 2026 with a tenant option for a 5 year lease extension at 6 months notice. There is an outstanding rent review from 8th December 2021 and there is a £6,250? (£7,500 deposit in place for the duration of the lease. Rateable Value - £20,500 p/a. SUPERB TRADING LOCATION WITHIN CORE CITY CENTRE - Commercial Investment Opportunity . Well-Let investment on FRI lease terms at £25,000? per annum.
The city of Glasgow has a population of around 650,000 persons and is estimated to serve a wider catchment of approximately 2.5 million people. The subject property is located on Pitt Street, at its junction with Sauchiehall Street, and close to the Charing Cross area of central Business District. Sauchiehall Street is also one of Glasgowâ??s principal thoroughfares. Nearby occupiers include Nando's, Black Sheep Coffee, Glasgow School of Art, CCA Glasgow Museum and J.D Wetherspoon. Glasgow is now one of the main entertainment and leisure centres of the United Kingdom with first class museums, parks, theatres, hotels, entertainment venues (including the Hydro) and retailing facilities, which attract significant tourists throughout the year. In addition, it is the largest city by population in Scotland, with approximately 600,000 residents.
Auction Details
16 July 2026, 10am-3pm
Timed Online Auction
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201A, Pitt Street, Glasgow, G24DT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cowcaddens Station0.3 miles
- Charing Cross (Glasgow) Station0.3 miles
- Anderston Station0.5 miles
Notes
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