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Guide price
£165,000

Property for sale

Virginia Street, Glasgow G1
Auction
Property
Added < 7 days

Features and description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted
  • AUCTION DATE: 19 March 2026
INCOME PRODUCING INVESTMENT* Ground Floor with basement retail Unit in in EXCELLENT TRADING POSITION. Well Established business in occupation producing £17,500 PA ERV £30,000. 1,780 sq ft Held on a FRIL to Luke and Jack Ltd, expiring 31st March 2027 at £17,500pa. The tenant has been in situ for several years, no approach has been made to the tenant regarding extending their lease. The area has been calculated to extend to the following net areas: Ground: 65.56sqm (706sq ft) Bsm: 99.81sqm (1,074sq ft) Total: 165.37sqm (1,780sq ft) The property has been extensively renovated by the tenant with open plan retailing space at ground floor and further sales area within the basement along with offices and stores and WC facilities. EXCELLENT LOCATION Located in the heart of the Merchant City. Neighbouring occupiers include The Polo Lounge, House Of Gods, Corinthian & Trades Hall

Auction Details
19 March 2026, 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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