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Gallowgate, Glasgow G1 Property for sale
176-178 Gallowgate, Glasgow, G1 5DR
£85,000
176-178 Gallowgate, Glasgow, G1 5DR
£85,000
Our Summary
- We are excited to bring to market this Tenanted Commercial Investment Opportunity located within a prime location in Glasgow- ***Guide Price £85,000*** For rental purposes, the property is currently tenanted at £900 PCM (£10,800 PA), which provides an excellent 12% yield if achieved for guide price of £85,000 ***FANTASTIC YIELDING INVESTMENT*** The property is leased under a 10-year FRI lease, effective from 20th November 2023 until 20th November 2033, with a tenant-only break option on 20th November 2028
- (no VAT on the rent) Fantastic Opportunity for Commercial investors looking for an affordable commercial premises in a busy location with high yield potential Property is situated on a busy street in Glasgow city, benefiting from large footfall traffic - ***PRIME COMMERCIAL INVESTMENT LOCATION*** We are excited to bring to market this Tenanted Commercial Investment Opportunity located within a prime location in Glasgow- ***Guide Price £85,000*** Property comprises: Large sales area, Kitchen area, WC and Storage area ***FANTASTIC YIELDING INVESTMENT*** For rental purposes, the property is currently tenanted at £900 PCM (£10,800 PA), which provides an excellent 12% yield if achieved for guide price of £85,000 The property is leased under a 10-year FRI lease, effective from 20th November 2023 until 20th November 2033, with a tenant-only break option on 20th November 2028
- (no VAT on the rent) Fantastic Opportunity for Commercial investors looking for an affordable commercial premises in a busy location with high yield potential Property is situated on a busy street in Glasgow city, benefiting from large footfall traffic - ***PRIME COMMERCIAL INVESTMENT LOCATION*** Property is due for auction in our upcoming timed online auction
- 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
- We are excited to bring to market this Tenanted Commercial Investment Opportunity located within a prime location in Glasgow- ***Guide Price £85,000***
- We are excited to bring to market this Tenanted Commercial Investment Opportunity located within a prime location in Glasgow- *Guide Price £85,000*
Description
This tenanted commercial property in Glasgow is being offered for sale at a guide price of £85,000, providing a fantastic yielding investment opportunity. The property is currently tenanted at £900 per calendar month, generating an excellent 12% yield if achieved at the guide price. The property is leased under a 10-year FRI lease, effective from November 2023 to November 2033, with a tenant-only break option in 2028. Situated on a busy street in Glasgow city, the property benefits from large footfall traffic and is an ideal location for commercial investors. With a prime commercial investment location, this property offers an affordable opportunity for investors looking for a high-yielding investment in a thriving city.