Skip to main content

No longer on the market

This property is no longer on the market

Property

Auction
Property
Added > 14 days

Features and description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant
  • AUCTION DATE: 29 August 2024
SUBSTANTIAL CITY CENTRE HOT FOOD PREMISES approx. 3,737 SQ.FT. REALISTIC RENTAL POTENTIAL OF £45,000 PER ANNUM* PRIME INVESTMENT PROPERTY* Was sold £600,000 before repossession. Ideal rental or investment property was historically late at £60,000 per annum priced for a fast sale would rent easily to a restaurant Takeaway or potential Dentist, retail unit solicitors office, 100% prime location Substantial frontage with access gained via a twin aluminium framed and glazed door leading to a large open plan cafe space with disabled w.c. at ground floor. The basement is accessed via a staircase situated within the mid section of the property on the northern wall providing access to stores, staff room, large training room and plant room along with fire escapes leading to Union Place to the rear. The property could be utilised to create further customer space in the basement as there is extensive seating potential within the former training room. PROMINENT FRONTAGE* Ground floor and basement commercial premises approx. 347.18sqm (3,737sq ft). EXCELLENT CITY CENTRE LOCATION* HIGH VOLUMES OF PASSING TRAFFIC* Situated on the east side of Union Street within Glasgow City Centre which is a busy one way thoroughfare linking Argyle Street to Gordon Street/Buchanan Street. PRIME TRADING LOCATION* Nearby occupiers include Tesco, Burger King, Greggs, Kuoni Travel, Yorkshire Building Society and Glasgow Central Station sits adjacent. Glasgow is the largest city and commercial centre in Scotland. The estimated shopping population of the city is 842,000 with the wider Glasgow primary catchment area being approximately 1.84 million.

Auction Details
29 August 2024, 10am-3pm
Timed Online Auction

How to Bid Now
Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.

Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.

Visit agent website

About this agent

Future Property Auctions - Glasgow
Future Property Auctions - Glasgow
241 Kilmarnock Road Shawlans, Glasgow G41 3JF
0141 433 6645
Full profileProperty listings
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.
... Show more

See more properties like this

*Disclaimer and call rate information...