8 Harmony Square, Glasgow, G51 3LW

Description

• PRIME NEW ENTRY. We are excited to bring to market this excellent Commercial Investment Opportunity, located within a prime location in Glasgow.

• Potential development opportunity. Property may have scope for conversion into residential units, subject to gaining necessary planning permissions and consents. 

• Sure to appeal to shrewd investors looking for a rare commercial investment opportunity. Property comprises 3 units & has an impressive size of approximately 8,000 sqft. 

• For rental purposes, the property currently has tenants in situ and achieves an annual rent of £14,940 p/a. Excellent high yield potential. Property could potentially achieve £30,000 p/a if fully let. 

• Property is situated in close proximity to M8 motorway and just 2 minutes from Govan Station - **PRIME LOCATION**

We are excited to bring to market this excellent commercial investment opportunity, located within a prime location in Greenock.

Property comprises: 

Store:Occupied at £8,700 p/a - 161.98 m² | Rateable value £8,100 (eligible for 100% small business bonus scheme rates relief)

Church:Occupied at £6,240 p/a - 159.30 m² | Rateable value £7,700

Studio:Vacant, scope for development or rental circa £10,000 - £15,000 p/a - 434.23 m² (GRD + 1ST) | Rateable value £16,000

**Potential rent of £30,000 p/a if fully let**

Building has excellent development potential and may have scope for conversion into residential units, subject to gaining necessary planning permissions and consents.

Sure to appeal to shrewd investors looking for a rare commercial investment opportunity. Govan G51 benefits from excellent M8 motorway access — a recognised mixed-use trade and industrial hub

Property is due for online auction. To make a pre-auction offer, or register for the live auction, please contact the team to get set up. 

Location

Govan is a historically rich area on the south bank of the Clyde, once the heart of Glasgow's shipbuilding industry and home to landmarks like the ancient Govan Stones and the iconic Fairfield Shipyard. The £29.5 million Govan-Partick Bridge, which opened in September 2024, has transformed connectivity to Partick and the West End, recording 1.4 million crossings in its first year. Major investment is pouring in:planning approval has been granted for up to 304 new homes at the historic Graving Docks, bringing an estimated £125 million in inward investment and over 900 construction jobs, while a new Health Innovation Hub at Linthouse Road is set to open in 2025, creating up to 450 jobs. For residents, it offers affordable urban living with strong community identity 

Map

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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.