Property photos
Auction
Freehold
Guide price
£85,000
Land for sale
176-178 Gallowgate, Glasgow G1Local area information
Property location
Nearby amenities
- High Street (Glasgow) 0.3 miles
- Argyle Street 0.5 miles
- St Mungo's Primary School & Nursery Class 0.7 miles
- St Francis' Primary School & Nursery Class 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Glasgow to find out more about the local area.
Features and description
- Freehold
- 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***
- 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
Floor plans and tours
Floor plans (1)
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Prime Property Auctions
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