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Guide price
£1,250,000Property for sale
Argyle Street, Glasgow G2
Auction
Auction
Property
Features and description
- Tenure: Freehold
Guide Price £1,250,000 Plus Fees
For sale by unconditional online auction, registration is now open. Bidding opens on 26/02/2025 10:00 and ends on 26/02/2025 12:05.
For sale by online auction on 26 February 2025
Bidding opens at 10:00am and closes from 12:00 noon
Let to a Blue Chip Tenant until 2030, with no breaks
Rent £130,000 pa
Prime city centre position on Glasgow's 'Style Mile', at the entrance to Argyll Arcade
10.40% Yield at the Guide Price
Heritable-Scottish equivalent of English Freehold
Town & Country Property Auctions are pleased to present this high yield commercial opportunity primely located on Glasgow's 'Style Mile' at the entrance to the Argyll Arcade. This 3 storey commercial property is currently let to Hutchinson 3G UK until December 2030 with no break clause, the is £130,000 per annum which is a 10.40% yield of the current guide price.
The city of Glasgow is the largest city in Scotland, being located on the River Clyde, 41 miles west of Edinburgh The city is a major port, commercial and administrative centre and is served by the M8, M74 and M77 motorways Glasgow benefits from two principal mainline rail terminals, Glasgow Central and Glasgow Queen Street. The city also has it's own international airport.
Argyll Arcade Occupiers close by include: Nationwide, House of Fraser, Zara, Superdry, Primark and
Santander amongst many others.
ACCOMMODATION
Basement: 146 sq ft, Ground Floor: 888 sq ft, First Floor: 922 sq ft.
Total accommodation of 181.75 sq m (1,956 sq ft) over basement, ground and first floor
RENT: £130,000
Tenure
Heritable-Scottish equivalent of English Freehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
For sale by unconditional online auction, registration is now open. Bidding opens on 26/02/2025 10:00 and ends on 26/02/2025 12:05.
For sale by online auction on 26 February 2025
Bidding opens at 10:00am and closes from 12:00 noon
Let to a Blue Chip Tenant until 2030, with no breaks
Rent £130,000 pa
Prime city centre position on Glasgow's 'Style Mile', at the entrance to Argyll Arcade
10.40% Yield at the Guide Price
Heritable-Scottish equivalent of English Freehold
Town & Country Property Auctions are pleased to present this high yield commercial opportunity primely located on Glasgow's 'Style Mile' at the entrance to the Argyll Arcade. This 3 storey commercial property is currently let to Hutchinson 3G UK until December 2030 with no break clause, the is £130,000 per annum which is a 10.40% yield of the current guide price.
The city of Glasgow is the largest city in Scotland, being located on the River Clyde, 41 miles west of Edinburgh The city is a major port, commercial and administrative centre and is served by the M8, M74 and M77 motorways Glasgow benefits from two principal mainline rail terminals, Glasgow Central and Glasgow Queen Street. The city also has it's own international airport.
Argyll Arcade Occupiers close by include: Nationwide, House of Fraser, Zara, Superdry, Primark and
Santander amongst many others.
ACCOMMODATION
Basement: 146 sq ft, Ground Floor: 888 sq ft, First Floor: 922 sq ft.
Total accommodation of 181.75 sq m (1,956 sq ft) over basement, ground and first floor
RENT: £130,000
Tenure
Heritable-Scottish equivalent of English Freehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees)
Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).
In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process
To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
About this agent

Town & Country Property Auctions - London
Dixcart House, Bourne Busines
Addlestone, Surrey
KT15 2LE
01932 688017Town & Country can trace their history back to the early building societies of the nineteenth century, and more latterly the Town & Country Building Society which was formed in 1974. Town & Country Estate Agents formed in 1991 gaining immediate success with a model putting customer service to the forefront. Following expansion over North Wales, North-West and Shropshire, estate agency headquarters were established in Chester City Centre in 2007. 2010 saw the establishment of Town & Country Property Auctions with expansion into the UK, Ireland and overseas in 2018. The continued growth of TCPA nationwide has facilitated a move to new prestigious premises at Regus House, Chester followed by the development of a new digital marketplace for property auctions, with the goal of providing an easy to use, transparent platform for auction buyers and sellers in the modern ag