494-498, Sauchiehall Street, Glasgow, G23LW
Business rates & charges may apply
- SIZE
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- SECTOR
Commercial property for sale
Key features
- INCOME PRODUCING INVESTMENT*** Retail Unit over ground and first floor level in EXCELLENT TRADING POSITION. Tenanted property with 8 years unexpired producing £36,000 per annum on a FRI Lease.
- Let to Panjtan Enterprise Ltd (t/a Glasmoke) for a term of 10 years from 24.06.2024 Rent review: 2027 No breaks Rent: £36,000 per annum on a FRI Lease
- The area has been calculated to extend to the following net areas: Ground Floor 273.79 sq m (2,947 sq ft) First Floor (Office/Ancillary) 58.78 sq m (633 sq ft) Total 332.57 sq m (3,580 sq ft)
- PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £36,000 PER ANNUM PREVIOUSLY SOLD FOR £750,000
- The property is situated on the north side of Sauchiehall Street, close to its junction with St George's Road Occupiers close by include KFC, Tesco Express, Greggs, JD Weatherspoons and Admiral Casin
Description
** SALE BY AUCTION - 15 October 2026 - Timed Online Auction **
INCOME PRODUCING INVESTMENT*** Retail Unit over ground and first floor level in EXCELLENT TRADING POSITION. Tenanted property with 8 years unexpired producing £36,000 per annum on a FRI Lease. Let to Panjtan Enterprise Ltd (t/a Glasmoke) for a term of 10 years from 24.06.2024 Rent review: 2027 No breaks Rent: £36,000 per annum on a FRI Lease The area has been calculated to extend to the following net areas: Ground Floor 273.79 sq m (2,947 sq ft) First Floor (Office/Ancillary) 58.78 sq m (633 sq ft) Total 332.57 sq m (3,580 sq ft) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £36,000 PER ANNUM The property is situated on the north side of Sauchiehall Street, close to its junction with St George's Road Occupiers close by include KFC, Tesco Express, Greggs, JD Weatherspoons and Admiral Casino
Sauchiehall Street is one of Glasgowâ??s best-known commercial thoroughfares, occupying a highly accessible position within the city centre and extending between the city-centre shopping area and the west end. Its location places occupiers within easy reach of major retail, business, leisure, cultural and hospitality destinations. The street forms part of Glasgowâ??s established commercial and retail environment and benefits from its proximity to Buchanan Street, Argyle Street, the city-centre business district and the west end. The property also benefits from excellent public transport connections. Glasgow Central and Glasgow Queen Street railway stations are both within approximately a 10-minute walk of the Sauchiehall Street district, while Charing Cross Station provides particularly convenient access towards the west end. Buchanan Bus Station is also a short walk away and provides extensive local and regional bus connections. Glasgow Subway stations including Cowcaddens and Buchanan Street provide additional city-wide connectivity
Auction Details
15 October 2026, 10am-3pm
Timed Online Auction
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494-498, Sauchiehall Street, Glasgow, G23LW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Charing Cross (Glasgow) Station0.2 miles
- Cowcaddens Station0.4 miles
- St. George's Cross Station0.4 miles
Notes
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*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.”