Cathkin Library, 21 Lovat Place, Rutherglen Glasgow G73 5HS
£2.08 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
26,500 sq ft
2,462 sq m
- SECTOR
Shop for sale
Key features
- PRIME NEW LISTING. We are excited to present this Vacant Industrial unit located within a prime location in Glasgow.
- property benefits from Small Business Bonus tapered relief up to 25% subject to eligibility.
- Sure to appeal to shrewd investors seeking a high-volume commercial asset with impressive floor space and strong re-letting potential.
- The property could lend itself to a variety of uses following refurbishment, offering flexible options for future occupiers.
- The property boasts an amazing size for the marketed guide price, creating a compelling value proposition for buyers.
Description
- PRIME NEW LISTING. We are excited to present this Vacant Industrial unit located within a prime location in Glasgow.
- Rateable value of £17,900; Small Business Bonus tapered relief up to 25% subject to eligibility.
- Sure to appeal to shrewd investors seeking a high-volume commercial asset with impressive floor space and strong re-letting potential.
- The property could lend itself to a variety of uses following refurbishment, offering flexible options for future occupiers.
- The property boasts an amazing size for the marketed guide price, creating a compelling value proposition for buyers.
PRIME NEW LISTING. We are excited to present this Vacant Industrial unit located within prime location in Glasgow.
The property comprises a substantial commercial building extending to approximately ft 6000 sq ft of building space and 20,000 sq ft of land, offering extensive space that would suit a range of commercial requirements.
the property is currently vacant, however if split into separate units and rented to small businesses this property could potentially achieve £4,800 PCM (57,600 PA) based on 8 units at full capacity
The property is held on a freehold basis, giving the buyer outright ownership and long-term control over the asset.
Sure to appeal to shrewd investors looking for potential rental commercial property with excellent square footage.
Property could lend itself to a variety of uses after refurb, allowing purchasers to reposition the unit to meet local demand and their own operational needs, subject to the necessary consents.
Property boasts an amazing size for the marketed guide price.
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.
The rateable value is understood to be £17,900, which may qualify for tapered relief of up to 25% under the Small Business Bonus Scheme, subject to eligibility.
The advertised size is approximately 26,500 sq ft, making this a rare chance to acquire a large-format commercial unit with genuine scope for enhancement and future value growth.
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.
Glasgow is one of the UK's strongest commercial centres, benefiting from a deep occupier base across industrial, trade counter, logistics and service sectors. The wider area enjoys consistent passing trade and day-to-day demand from established neighbourhoods and a broad local business community. Connectivity is a key driver, with efficient access to major road routes serving the region, and regular rail links supporting staff and customer movement across the city and surrounding towns. Ongoing improvement across key corridors continues to support occupier confidence, helping underpin demand for well-located commercial space suited to a range of uses.
Cathkin Library, 21 Lovat Place, Rutherglen Glasgow G73 5HS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Burnside Station0.8 miles
- Kirkhill Station0.8 miles
- Cambuslang Station0.9 miles
Notes
Disclaimer - Property reference 229476193. 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.”