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Auction
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Added > 14 days

Features and description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant
  • AUCTION DATE: 16 May 2024
ENHANCED TERMS OFFERED ON THIS LOT...
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)

100% PRIME GLASGOW CITY CENTRE RESTAURANT - former BELLA ITALIA over 3600 square feet over ground floor and basement WAS LET £140,000 per Annum - Glasgow Central Station is approximately 100 yards. Excellent size, with open plan seating at ground floor along with kitchen and bar facilities. The basement offers customer w.c’s, stores, office, walk-in fridge and staff room with dedicated w.c’s. Offers 90/100 covers in current layout however this could be significantly increased (relocating the kitchen) to basement. SUPER LOCATION - Ideally positioned to take advantage of the daily passing commuter trade. Nearby occupiers include Grill on the Corner, Gusto, Barburrito, Ad Lib, Grand Central Hotel, Tesco Metro, Santander and Sainsburys Local. SUPER RENTAL POTENTIAL / INVESTMENT PROPERTY. Historically sold for over £2 million. Potential for 35 external covers also, could generate an excellent rental return round the corner from glasgow Central station. Buchanan Street rental potential £100-120,000 per annum. Excellent size 100% PRIME GLASGOW CITY CENTRE PROPERTY. Ready to rent. TOTAL SIZE: 334.44 SQUARE METRES (3,600 SQUARE FEET) Ground: 200.85sqm (2,162 SQUARE FEET) Basement: 133.59sqm (1,438 SQUARE FEET)

Auction Details
16 May 2024, 10am-3pm
Timed Online Auction

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Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
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We are Scotland's LARGEST dedicated residential and commercial Property Auctioneer. Our regular programme of large scale property auctions feature lots from throughout Scotland and the wider UK as well as regular properties available for purchase by Private Treaty and Tender. Our Auction calendar features both traditional and online property auctions covering the whole of the country. Each Auction offers a mix of Commercial and Residential property as well as land and other development opportunities. Properties are accepted from both Private and Corporate Vendors alike and we welcome enquires from all potential clients. Future Auctions LTD is a Limited Company registered in Scotland with Registration Number 358597. We are a fully indemnified professional limited company regulated by the Property Ombudsman. Our auctioneers are all members of the National Association of Auctioneers and Valuers thus ensuring our strict code of conduct and professionalism.
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