Land for sale in 36 Potential Car Charging Spaces, West End Glasgow G120HQ G12

Guide price £221,000
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Land for sale

Tenure:
Not available
Council tax band:
Not available

Property features

  • Prime development/ investment opportunity in Glasgow's affluent West End. Rare opportunity to acquire 36 parking spaces with potential for use as Electric Car Charging Stations. Excellent access.
  • Super location in affluent setting within densely populated residential suburb with massive shortage of parking spaces locally. Individual parking spaces regularly sell for up to £20,000 per space.
  • Opportunity to purchase and split the title in order to sell off spaces individually. Selling each space for £15,000- £20,000 would generate an income of £540,000- £720,000 giving outstanding return
  • Massive demand across glasgow for designated electric charging spaces in fast growing investment sector. Super opportunity for long-term income stream in sought after location. Environmental option.
  • **Heart of West End** 100% prime location***Rare Development potential with breakup value***High Density Location*** Likely to attract enquiries from Serious Investors & Developers.

Property description

** sale by auction - 16 May 2024 - Timed Online Auction **

***rare development and investment opportunity*** prime development/ investment opportunity in Glasgow's affluent West End. Rare opportunity to acquire 36 parking spaces with potential for use as Electric Car Charging Stations. Excellent access. Super location in affluent setting within densely populated residential suburb with massive shortage of parking spaces locally. Individual parking spaces regularly sell for up to £20,000 per space. Opportunity to purchase and split the title in order to sell off spaces individually. Selling each space for £15,000- £20,000 would generate an income of £540,000- £720,000 giving outstanding return. Massive demand across glasgow for designated electric charging spaces in fast growing investment sector. Super opportunity for long-term income stream in sought after location. Environmental option. **Heart of West End** 100% prime location***Rare Development potential with breakup value***High Density Location*** Likely to attract enquiries from Serious Investors & Developers.

The River Kelvin walkway is nearby and is ideal for pedestrian and cycle access to the West End location which is extremely convenient for a host of local amenities and also sits close to both City and West End amenities. The subjects are only a short walk from Great Western Road which has a number of popular and renowned bars and restaurants, Kelvinbridge underground and shopping facilities. In addition to this, there are excellent road links close by giving easy access to Glasgow City Centre and the Central Belt motorway network system. Glasgow Airport is approximately fifteen minutes by car. Perfect for investment and rental capacity in the region of £400 pcm - £4,800 p.a. Well maintained communal areas and rear gardens. Viewing advised.

Auction Details
16 May 2024,10am-3pm
Timed Online Auction

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