Property for sale

>

Property for sale

183a Hope Street, Glasgow, G2 2UL
£65,000

Our Summary

  • Property comprises a large, empty underground bar and club with lots of potential
  • Property is due for auction in our upcoming timed online auction

Description

This rare commercial property in Glasgow City Centre's Hope Street offers a unique investment opportunity. The ground floor and lower ground floor bar and club space totals 223 sqm and is currently vacant, providing a blank canvas for a new owner to put their own stamp on. With a rental potential of £35,000 per annum, the property offers an excellent 53% yield based on the guide price. The property is situated in a bustling area with high passing trade, close to Glasgow Central Station and a range of amenities. With a rateable value of £16,000, this property is an attractive option for investors seeking an immediate cash-producing investment with rental growth potential. The property is due to be auctioned online and is available for immediate purchase, with the option to place an offer today.