Retail premises for sale

St. Georges Road, Glasgow G3

• Prime new listing. We are excited to present this Tenanted Commercial unit located within a prime location in Glasgow.
• Currently producing £1,416.67 per month, which is £17,000.04 per annum.
• The property is currently tenanted at £1,416.67 per month with a rent review scheduled in three years, providing an immediate income stream from day one.
• This is a turnkey shop investment with approximately 6 years remaining on the occupational lease, and with the backing of two guarantors, offering reassuring security of income.
• The shop is presented in great condition throughout, helping to minimise immediate expenditure for the incoming owner.

Prime new listing. We are excited to present this Tenanted Commercial unit located within prime location in Glasgow.

The property comprises a convenience store, offering a practical, income producing commercial investment in an established trading position.

The property is currently producing £1,416.67 per month, which is £17,000.04 per annum, making this an ideal turnkey, income producing opportunity for the shrewd investor. Based on current market levels, the unit could potentially support a market rent in the region of £1,500 to £2,000 per month, which is £18,000 to £24,000 per annum, subject to existing tenancy terms, re letting and due diligence.

The property is held on a freehold basis, giving the buyer outright ownership, while benefitting from an occupational lease in place for straightforward management and income collection.

The premises are currently tenanted at £1,416.67 per month, providing a ready made investment with rental income from completion.

The shop is offered as a turnkey commercial unit with around 6 years remaining on the lease and a rent review in 3 years. This helps underpin the investment case with ongoing occupier commitment. Additionally, this lease has support from two guarantors, increasing its security substantially.

The shop is in great condition, presenting well for a buyer seeking a low hassle commercial purchase.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

The rateable value has not been provided, and interested parties should make their own enquiries with the local authority regarding business rates and any available reliefs, subject to eligibility.

The unit extends to approximately 835.7 sq ft, providing a well balanced floor area that is well suited to day to day retail trading.

This lot is open to immediate offers. Should you wish to offer now, you can do so via our "Offer now" button on our website.

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.

For further details on how to have a bidding account created, please contact the team.

Glasgow remains one of the UK's strongest commercial centres, underpinned by a diverse economy and consistent occupier demand across retail, office and mixed use space. St. Georges Road sits within an established inner city location, benefitting from strong local footfall and reliable passing trade from surrounding residential neighbourhoods and nearby business activity. The area is well served by road connections into the city centre and wider Central Belt, with convenient public transport options including rail and subway links in the broader vicinity. A well regarded mix of independent operators and national brands helps support sustained demand for well located commercial units, making this a compelling spot for long term investment.