239 – 243 Sauchiehall Street, Glasgow, G2 3EZ
5,569 Sq Ft / Retail / General Retail
For Sale
- £750,000.00
Available - Last updated: 02 June 2024
Summary
Fully refurbished mid-terraced building arranged over basement, ground, first and second floors.
Each unit is fully self-contained with dedicated WCs and separate utilities.
Key Points
Excellent investment opportunityBuilding has recently undergone external refurbishmentFully let to three separate tenantsNeighbouring occupiers include Black Sheep Coffee, Taco Bell, Heavenly Desserts and TescoTotal rental income of £71,500 per annumOffers over £750,000 = NIY 9.06% and reversionary yield of 10.01% after purchasers' costs
Planning
239 Sauchiehall Street - Public House with late 3AM license.
241 Sauchiehall Street – Class 1A
243 Sauchiehall Street – Class 11
Location
Located within heart of Glasgow City Centre commanding a highly prominent corner position on the south side of Sauchiehall Street by its junction Blythswood Street.
Across the road is the highly successful McLellan Works and is in close proximity to the Glasgow School of Art, GFT, Magwrx as well as the Buchanan Galleries.
Regular bus services operate on Sauchiehall Street whilst Cowcaddens Underground Station, Queen Street & Central Railway Stations and Buchanan Bus Station are all a short walk from the subjects.
Metered on-street parking is provided as well as numerous multi-storey car parks in the immediate vicinity.
Neighbouring occupiers include Black Sheep Coffee, Sprigg, Cupp, Taco Bell, Heavenly Desserts, Nando’s and Tesco.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£750,000.00
| NA |
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