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551 Sauchiehall St 9,764 sq ft 100% Let Retail Property Glasgow G3 7PQ £175,000 (£17.92/sq ft)

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INVESTMENT HIGHLIGHTS

PRIME NEW LISTING. We are excited to present this tenanted office unit located within a prime location in Glasgow.
Located in a highly sought-after area in Glasgow's city centre, the property offers excellent access to local transport links and amenities. It presents the perfect opportunity for a landlord looking to capitalise on rental income potential and long-term
The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

The property is currently tenanted at £12,000 per annum on an FRI lease, with rent set to increase by 10% every three years for the next decade. This is an exceptional opportunity for a savvy investor seeking passive rental income. Turnkey investment.
The property benefits from recurring monthly revenue with a robust lease and prime location. With a rateable value of £13,619 and comprising a floor area of 97.28 square metres, it presents a compelling investment opportunity.

EXECUTIVE SUMMARY

• PRIME NEW LISTING. We are excited to present this tenanted office unit located within a prime location in Glasgow.
• The property is currently tenanted at £12,000 per annum on an FRI lease, with rent set to increase by 10% every three years for the next decade. This is an exceptional opportunity for a savvy investor seeking passive rental income. Turnkey investment.
• Located in a highly sought-after area in Glasgow’s city centre, the property offers excellent access to local transport links and amenities. It presents the perfect opportunity for a landlord looking to capitalise on rental income potential and long-term capital growth.
PRIME NEW LISTING. We are excited to present this tenanted office unit located within a prime location in Glasgow.
The property is currently tenanted at £12,000 per annum on an FRI lease with a 10% rent increase every three years for a decade, providing a wonderful opportunity for passive income investment.
Located in the desirable centre of Glasgow, the property has excellent access to transport links and amenities, making it ideal for landlords aiming for consistent rental income and capital growth.
Glasgow is a vibrant city known for its rich history, cultural landmarks, and thriving arts scene. It boasts excellent transport links, a bustling city centre, and a range of amenities, making it a highly desirable location for both businesses and residents.

PROPERTY FACTS

Sale Type

Investment or Owner Occupier

Property Type

Retail

Tenure

Freehold

Property Subtype

Shopfront Retail / Residential

Property Size

9,764 sq ft

Costar Property Class

Year Built

1926

Price

£175,000

Price per sq ft

£17.92

Occupancy Rate

100%

Tenancy

Multiple

Number of Floors

Plot ratio

0.90

Total Plot Size

0.25 ac

Frontage

96 ft on Sauchiehall St

Bus Route

Storage Space

MAJOR TENANTS

Cabe Salon
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2,000 sq ft
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Co-op is the UK’s fifth biggest food retailer, with more than 2,500 local, convenience and medium-sized stores. They are also the UK’s number 1 funeral services provider, a major general insurer, and a growing legal services business. As well as having clear financial and operational objectives and employing nearly 70,000 people, they are a recognised leader for their social goals and community-led programmes. They exist to meet members' needs and stand up for the things they believe in.