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239 – 243 Sauchiehall Street, Glasgow, G2 3EZ

  • Retail
  • 5,569 sq ft
  • For Sale
239 – 243 Sauchiehall Street, Glasgow, Retail For Sale - 243 Sauchiehall Street
239 – 243 Sauchiehall Street, Glasgow, Retail For Sale - Ground Floor
239 – 243 Sauchiehall Street, Glasgow, Retail For Sale - Ground Floor
239 – 243 Sauchiehall Street, Glasgow, Retail For Sale - Ground Floor
239 – 243 Sauchiehall Street, Glasgow, Retail For Sale - Basement
239 – 243 Sauchiehall Street, Glasgow, Retail For Sale - Basement
239 – 243 Sauchiehall Street, Glasgow, Retail For Sale - Basement
239 – 243 Sauchiehall Street, Glasgow, Retail For Sale - Basement
239 – 243 Sauchiehall Street, Glasgow, Retail For Sale - Basement
239 – 243 Sauchiehall Street, Glasgow, Retail For Sale - 2nd Floor
239 – 243 Sauchiehall Street, Glasgow, Retail For Sale - 2nd Floor
239 – 243 Sauchiehall Street, Glasgow, Retail For Sale - 1st Floor
Property Type Retail
Tenure For Sale
Size 5,569 sq ft
Price Offers in excess of £750,000 A purchase at this level reflects a NIY of 9.06% and a reversionary yield of 10.01% after purchasers' costs.
Business Rates Upon Enquiry
Energy Performance Rating Upon enquiry

Fully let, mixed use city centre investment opportunity located on prime section of Sauchiehall Street opposite McClellan Works.

Key Features

  • Excellent investment opportunity
  • Building has recently undergone external refurbishment
  • Fully let to three separate tenants
  • Neighbouring occupiers include Black Sheep Coffee, Taco Bell, Heavenly Desserts and Tesco
  • Total rental income of £71,500 per annum
  • Offers over £750,000 = NIY 9.06% and reversionary yield of 10.01% after purchasers' costs

Description

Fully refurbished mid-terraced building arranged over basement, ground, first and second floors.

Each unit is fully self-contained with dedicated WCs and separate utilities.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Basement 1,810 168.15 Available
Ground - Floor 1,558 144.74 Available
1st - Floor 1,171 108.79 Available
2nd - Floor 1,030 95.69 Available
Total 5,569 517.37

Location

Located within heart of Glasgow City Centre commanding a highly prominent corner position on the south side of Sauchiehall Street by its junction Blythswood Street.

Across the road is the highly successful McLellan Works and is in close proximity to the Glasgow School of Art, GFT, Magwrx as well as the Buchanan Galleries.

Regular bus services operate on Sauchiehall Street whilst Cowcaddens Underground Station, Queen Street & Central Railway Stations and Buchanan Bus Station are all a short walk from the subjects.

Metered on-street parking is provided as well as numerous multi-storey car parks in the immediate vicinity.

Neighbouring occupiers include Black Sheep Coffee, Sprigg, Cupp, Taco Bell, Heavenly Desserts, Nando’s and Tesco.

Planning

239 Sauchiehall Street - Public House with late 3AM license.

241 Sauchiehall Street – Class 1A

243 Sauchiehall Street – Class 11