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551 Saiuchiehall Street, Basement, Glasgow, G3 7PQ

Guide Price

£175,000

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Guide Price

£175,000

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Office

Commercial

Occupied

551 Saiuchiehall Street, Basement, Glasgow, G3 7PQ

Tenanted Commercial Unit

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Description

  • 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.

  • 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.

  • 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.

PRIME NEW LISTING. We are excited to present this tenanted office unit located within a prime location in Glasgow.

The property comprises five versatile office rooms, a well-equipped kitchen, and separate gents' and ladies' toilets.

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.

Further enhancing its investment appeal, the property features consistent monthly revenue supported by a sturdy lease and enviable location. It covers a floor area of 97.28 square metres and has a rateable value of £13,619.

Room 1; 107 square feet,

Room 2; 215 square feet,

Room 3; 323 square feet,

Room 4; 280 square feet,

Room 5; 280 square feet

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

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 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.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£23,800

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.