Industrial development

 

• Prime Property Auctions is excited to bring to market this exceptional Commercial Investment Opportunity located within a prime location in Glasgow -  *Guide Price £485,000*
• Prime Opportunity for Commercial investors looking for a large industrial premises with fantastic yield or owner occupiers looking for an exceptional plot they can put their own stamp on.
• The site comprises of 6 units which are all currently tenanted and achieving a collective £4,000 p/m in rental income (£48,000 p/a). Property could attract a combined monthly rental income of £6,000 - £6750 p/m (£72,000 - £81,000 p/a)*GREAT YIELD* 
• Site has been approved for planning for 10 industrial units (Planning reference - 14/02232/DC)  Excellent development Opportunity if made vacant. Sure to appeal to shrewd builders/investors/developers looking for an exceptional plot for a residential development in an area with great capital growth potential.
• Property is situated on a large attractive plot with easy motorway access - *PRIME COMMERCIAL INVESTMENT LOCATION*

 

Prime Property Auctions NEW Entry. Exceptional Commercial Investment Opportunity located within a prime location in Glasgow -  *Guide Price £465,000*

 

*SUBSTANTIAL SIZE OF 1.06 ACRES*

Prime Opportunity for Commercial investors looking for a commercial property in an excellent location with long term tenants. 

Fantastic Yield. Sure to appeal to investors looking for rare auction property. 

Site has been approved for planning for 10 industrial units. Excellent development Opportunity if made vacant. Sure to appeal to shrewd builders/investors/developers looking for an exceptional plot for a residential development in an area with great capital growth potential.

 

Local residential sales evidence: 

*57, Barfillan Drive, Glasgow G52 1BD Previously sold for £235,000. 68, Barfillan Drive, Glasgow G52 1BD Previously sold for £215,222. 30, Morar Road, Glasgow G52 1AX Previously sold for £240,000*

Property benefits from a rateable value of £58,500 per annum.

Property has a Guide price of £485,000 and is sure to appeal to shrewd commercial investors looking for an easily lettable commercial property or owner occupiers looking for a large commercial unit they can operate as business. 

High yielding investment opportunity.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Make an Offer” 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, is a vibrant city with a rich history, diverse culture, and a strong economic foundation, making it an attractive destination for commercial investors. As one of the largest economic hubs in the UK, Glasgow boasts a robust and diverse economy, with key sectors including finance, business services, life sciences, engineering, and creative industries. Its strategic location provides excellent connectivity both nationally and internationally, with well-developed transport links including a major international airport, extensive rail connections, and a comprehensive road network. Home to world-renowned institutions like the University of Glasgow, Strathclyde University, and Glasgow Caledonian University, the city fosters a highly skilled workforce and drives research and development in fields such as engineering, life sciences, and technology. Offering a high quality of life with a blend of cultural attractions, green spaces, and a relatively low cost of living, Glasgow is an attractive place for professionals and families alike. Significant regeneration projects have transformed parts of the city, creating new investment opportunities in areas like the Clyde Waterfront and the City Centre. Glasgow provides a supportive business environment with various incentives and assistance available for investors, including grants, tax reliefs, and advisory services aimed at fostering business growth and innovation. The commercial property market offers diverse opportunities, from office spaces to retail and industrial properties, driven by the city's expanding economy and increasing population.