154-180, Crown St, Lipton House, Detached Multilet Investment, Glasgow, G59XD
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Fully Let Modern Development comprising a Centre of Gorbals Regeneration Project. Anchored by Glasgow City Council and Prince & Princess of Wales Hospice Passing Rent: £124,462p.a. potential of
- Comprisese 4 Properties with each property being held on a full repairing and insuring head lease. E.R.V.: £175,000p.a. Current Passing Rent: £124,462p.a. Hassle Free Investment Opportunit
- The property comprises a substantial stand alone steel framed modern commercial development over 3 stories with 3 retail units at ground floor and library, community hub and offices at ground & upper.
- The property is situated on the west side of Crown Street between its junctions with Errol Street and Old Rutherglen Road in the New Gorbals area of Glasgow.
- Neighbouring occupiers include U-Save, I-2-I Opticians, Moss Pharmacy and Co-Op.
Description
** SALE BY AUCTION - 09 July 2026 - Timed Online Auction **
ENHANCED TERMS OFFERED ON THIS LOT...
Lower Deposit: 5% of Sale Price.
Reduced Buyers Fee: 1% of Sale Price (Min £3250 ?)
The property is situated on the west side of Crown Street between its junctions with Errol Street and Old Rutherglen Road in the New Gorbals area of Glasgow. The locale has seen extensive residential development in recent years with a small number of commercial availability to compliment the residential dwellings. Neighbouring occupiers include U-Save, I-2-I Opticians, Moss Pharmacy and Co-Op. The property comprises a substantial stand alone steel framed modern commercial development over 3 stories with 3 retail units at ground floor and library, community hub and offices at ground and upper floors. Each property Is held on a full repairing and insuring head lease on the following terms; 154/156 Crown Street Held on lease to a private individual trading as â??G5 Deliâ?� occupying approx 2,013sq ft expiring 18th July 2034 at a current passing rent of £28,182per annum with rent reviews every 5 years 158 Crown Street Let to Prince & Princess of Wales Hospice, occupying 969sq ft on a lease expiring 12th June 2029 at a passing rent of £11,500per annum. There are rent review provisions every 5 years. 160 Crown Street Let on a personal name trading as â??U Saveâ?� occupying 786sq ft on a lease expiring 14th October 2035 at a passing rent of £10,000p.a. 180 Crown Street Let to Glasgow City Council operating as the local community hub and library occupying 7,478sq ft, held on an F.R.I Lease expiring 31st March 2032 with the next rent review falling in 2028.
Auction Details
09 July 2026, 10am-3pm
Timed Online Auction
How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.
Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.
Get a Fast Sale and a Fair Price with Future Property Auctions. Contact Us now for a FREE Auction Valuation.
154-180, Crown St, Lipton House, Detached Multilet Investment, Glasgow, G59XD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bridge Street Station0.4 miles
- Argyle Street Station0.5 miles
- St. Enoch Station0.6 miles
Notes
Disclaimer - Property reference 14502462. 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 Future Property Auctions, 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 Future Property Auctions, Glasgow on 0141 673 2362.
*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.”