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101-105 Sauchiehall St 8,632 sq ft Retail Property Glasgow G2 3DD £2,760,000 (£319.74/sq ft) 8% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire a freehold interest in a high-profile city centre asset with long-term value potential
- McDonalds have traded from this property since 1990
- Extending to approximately 10,160 sq.ft. (943.88 sqm) across a prominent full building, ideally suited for high-volume restaurant operations
EXECUTIVE SUMMARY
The property is held on a full repairing and insuring (FRI) head lease let to McDonald’s Restaurants Ltd, expiring 31 January 2035, at a current passing rent of £235,000 per annum). There is a rent review on 1st February 2025 (not actioned) and 1st February 2030. Passing rent of £235,000 per annum, McDonalds have traded from this property since 1990.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
8,632 sq ft
Costar Property Class
B
Year Built
1983
Price
£2,760,000
Price per sq ft
£319.74
Yield
8%
NOI
£220,800
Tenancy
Single
Number of Floors
3
Frontage
39 ft on Sauchiehall St
AMENITIES
- Security System
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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101-105 Sauchiehall St
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