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Guide Price
£85,000 Guide Price

176-178 Gallowgate, Glasgow, G1 5DR

212442506

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4

days

7

hours

32

minutes

7

seconds

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4

days

7

hours

32

minutes

7

seconds

Type

Ownership

Occupation

Occupied

Bedrooms

Council Tax

Lease
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Commercial Investment Opportunity

Details

Property Summary

  • We are excited to bring to market this Tenanted Commercial Investment Opportunity located within a prime location in Glasgow-  ***Guide Price £85,000***

 
  • For rental purposes, the property is currently tenanted at £900 PCM  (£10,800 PA), which provides an excellent 12% yield if achieved for guide price of £85,000 ***FANTASTIC YIELDING INVESTMENT***

 
  • The property is leased under a 10-year FRI lease, effective from 20th November 2023 until 20th November 2033, with a tenant-only break option on 20th November 2028. Current Passing Rent: £10,800 p.a. (no VAT on the rent)

 
  • Fantastic Opportunity for Commercial investors looking for an affordable commercial premises in a busy location with high yield potential 

 
  • Property is situated on a busy street in Glasgow city, benefiting from large footfall traffic - ***PRIME COMMERCIAL INVESTMENT LOCATION***

 

We are excited to bring to market this Tenanted Commercial Investment Opportunity located within a prime location in Glasgow-  ***Guide Price £85,000***

 

Property comprises: Large sales area, Kitchen area, WC and Storage area

 

 ***FANTASTIC YIELDING INVESTMENT***

 

For rental purposes, the property is currently tenanted at £900 PCM  (£10,800 PA), which provides an excellent 12% yield if achieved for guide price of £85,000

 

The property is leased under a 10-year FRI lease, effective from 20th November 2023 until 20th November 2033, with a tenant-only break option on 20th November 2028. Current Passing Rent: £10,800 p.a. (no VAT on the rent)

 

Fantastic Opportunity for Commercial investors looking for an affordable commercial premises in a busy location with high yield potential 

 

Property is situated on a busy street in Glasgow city, benefiting from large footfall traffic - ***PRIME COMMERCIAL INVESTMENT LOCATION***

 

Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.

 

Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.

 

This property is offered at a fantastic price to ensure an Auction sale.

 

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location: 

 

Glasgow, Scotland’s largest city, offers outstanding investment opportunities driven by its dynamic economy, strategic location, and continuous development. Known for its diverse economy, Glasgow excels in finance, technology, life sciences, and creative industries, supported by a strong talent pool from leading universities like the University of Glasgow. The city benefits from excellent connectivity with major motorways, extensive rail networks, and an international airport, ensuring seamless access to domestic and international markets. Ongoing regeneration projects, such as the Glasgow Riverside Innovation District and the redevelopment of the city centre, enhance infrastructure and attract business growth. With a vibrant cultural scene, a highly skilled workforce, and strong community initiatives, Glasgow stands out as an ideal destination for investors seeking opportunities in a thriving, forward-looking city
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Property Features

  • We are excited to bring to market this Tenanted Commercial Investment Opportunity located within a prime location in Glasgow- ***Guide Price £85,000***
  • For rental purposes, the property is currently tenanted at £900 PCM (£10,800 PA), which provides an excellent 12% yield if achieved for guide price of £85,000 ***FANTASTIC YIELDING INVESTMENT***
  • The property is leased under a 10-year FRI lease, effective from 20th November 2023 until 20th November 2033, with a tenant-only break option on 20th November 2028. Current Passing Rent: £10,800 p.a. (no VAT on the rent)
  • Fantastic Opportunity for Commercial investors looking for an affordable commercial premises in a busy location with high yield potential
  • Property is situated on a busy street in Glasgow city, benefiting from large footfall traffic - ***PRIME COMMERCIAL INVESTMENT LOCATION***

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