118 Sauchiehall St 7,426 sq ft 100% Let 4-Star Retail Property Glasgow G2 3DH £400,000 (£53.86/sq ft)

PRIME CITY CENTRE DEVELOPMENT OPPORTUNITY AT 118 SAUCHIEHALL STREET, GLASGOW***SUBSTANTIAL UPPER-FLOOR DEVELOPMENT IN THE HEART OF GLASGOW CITY CENTRE***PROPERTY BENEFITS FROM EXISTING PLANNING CONSENT FOR OFFICE AND STUDIO ACCOMODATION***SCOPE FOR RESIDENTIAL DEVELOPMENT (SUBJECT TO PLANNING CONSENTS)***
The property benefits from existing planning consent for office and studio accommodation, presenting an ideal opportunity for investors, developers and owner-occupiers seeking to create high-quality commercial space in one of Glasgow's most established business and leisure districts. There is also exciting potential for residential conversion, subject to obtaining the necessary planning consents, offering scope to capitalise on the strong demand for city centre living.
Extending over four upper floors, the accommodation provides generous floor space with excellent flexibility for a range of uses. The property enjoys a highly visible location within easy walking distance of Glasgow Central and Queen Street stations, Buchanan Bus Station, the Glasgow Subway and numerous retail, leisure and cultural amenities.
***KEY FEATURES***
- Rare city centre development opportunity.
- Accommodation arranged over first, second, third and attic floors.
- Existing planning consent for office/studio use.
- Potential for residential conversion (subject to planning).
- Prime Sauchiehall Street location in the heart of Glasgow.
- Excellent transport links and immediate access to city centre amenities.
- Suitable for developers, investors and owner-occupiers.
• Passenger staircase and lift (requires maintenance) provides access to the upper floors
• AREA - 1st Floor 667sq ft ,
- 2nd Floor 1,506 sq ft – easily split back into 2 x separate suites ,
- 3rd Floor 1,299 sq ft – easily split back into 2 x separate suites
- Attic Floor 559 sq ft
TOTAL 4,031 sq ft
• Fully vacant with exception of 1st floor that is let to a barber generating £10K pa, they are willing to vacate should you wish to take the space back.
This is a unique opportunity to secure a prominent city centre asset with significant value-add potential in one of Scotland's strongest commercial and residential markets.
***RECENT NEARBY RESIDENTIAL PROPERTY SALES***
- 427, Sauchiehall Street, Glasgow, G2 3LG - Flat, SOLD FEB'26 - £530,750
- 408, Sauchiehall Street, Glasgow, G2 3LG - Flat, SOLD NOV'26 - £416,160
- 188, West Regent Street, Glasgow, G2 4RU - 2 bedroom Flat - SOLD APR'25 - £410,000
***Glasgow is the largest city in Scotland, and the city centre is busy and thriving, with no shortage of demand for office space***There are many transport links to and from the city, with the M8 motorway running through the centre and two large train stations, as well as multiple bus routes into and within the centre***Local amenities include a high number of restaurants, bars, nightclubs, theatres and cinemas***The M8 Motorway network provides easy access for commuting across central Scotland as well as Glasgow International Airport. The locality is characterised by a mix of uses with generally prime retail occupiers at ground floor and offices at upper floor level.***
GUIDE PRICE: £395,000
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