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274 & 278 Saracen Street, Glasgow, Glasgow City

Guide Price
£64,000
Auction House Scotland, Glasgow
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Two commercial units
  • 129.48sqm & 63.66 sqm
  • Renovation required
  • Buy-to-let potential
  • Popular high street location

Description

Two prominently positioned commercial properties

Located on the established Saracen Street in Glasgow, while both properties would benefit from refurbishment, they present an ideal buy-to-let investment.

Once repaired and finished to a good standard, the units are considered capable of attracting strong tenant demand from a range of local occupiers, including convenience retail, professional services, takeaway operators or other uses subject to any necessary consents. 274 Saracen Street is a former grocery store, 129.48 sqm in size with a rateable value of £9500 and consists of a shop front, storage to rear and basement. 278 Saracen Street is a former fruit and vegetable store, 63.66 sqm in size with a rateable value of £6900 and consists of a shop front with ample storage to rear.

The properties may qualify for rates relief. Following refurbishment, the properties are expected to generate competitive market rental income in line with comparable commercial premises within the locality, offering the potential for improved capital value and an attractive investment yield.

Situated within the well-established Possilpark area of north Glasgow, approximately 2.5 miles from Glasgow City Centre, Saracen Street is a prominent commercial location benefiting from excellent connectivity and a strong local customer base. The surrounding area comprises a mix of residential neighbourhoods, established businesses, schools, healthcare facilities and everyday amenities, making it well suited to a variety of commercial occupiers, including retail, office and service-based uses. Nearby occupiers include Screwfix, Toolstation, Glasgow Angling Centre and B&M, alongside a range of independent retailers and community services that generate regular footfall. The location is well served by frequent bus services along Saracen Street, while Possilpark & Parkhouse railway station provides direct links to Glasgow Queen Street and the wider rail network. Excellent road connections via the A879 and M8 motorway offer convenient access to Glasgow City Centre, the Central Belt and Scotland's wider motorway network, enhancing the property's accessibility for both customers and businesses.


PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings and other items are not included unless specified in these details.

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274 & 278 Saracen Street, Glasgow, Glasgow City

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ashfield Station0.4 miles
  • Possilpark & Parkhouse Station0.4 miles
  • Springburn Station1.0 miles
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About Auction House Scotland, Glasgow

Building 3, 46 Munro Place, Anniesland, Glasgow G13 2UP

Property Auction Experts

Launched in 2013, Auction House Scotland forms part of a network of property specialists with the ability to sell anything anywhere in the UK; whatever the size, condition or circumstance, there is nothing we haven't seen or sold before.

Our expert regional Scottish team can provide you with the duality of unrivalled national coverage and fundamental regional awareness.

We offer a mixture of quarterly in-room and weekly online auctions in which a wide range of properties are bought and sold including residential, land, commercial, investment and agricultural lots with entries drawn from throughout Scotland; from the Borders to the Highlands and Islands, and everything in between!

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If you have any residential, commercial or investment properties, pieces of land with and without planning permission, or anything else you are looking to sell, please contact our team who can offer you a free auction appraisal.

Alternatively, if you're looking to buy, please get in touch to discuss your requirements with a member of our team who can talk you through the process of purchasing at auction.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference AGG-63135580. 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 Auction House Scotland, 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 Auction House Scotland, Glasgow on 0141 673 7275.

*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.”