Property for sale
Property description & features
- Status: Available
- Type: Commercial
- Ownership: Freehold
- Occupation: Vacant
- AUCTION DATE: 16 May 2024
Reduced Buyers Fee: 3% of Sale Price (Min £3250 +vat)
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
16 May 2024, 10am-3pm
Timed Online Auction
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Property reference 12948220. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Future Property Auctions - Glasgow.
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Broadband availability and predicted speed
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