PRIME NEW LISTING. We are excited to present this vacant large bar / restaurant located within a prime location in Glasgow.
Presenting a substantial opportunity for an owner-occupier or investor, this property allows for the potential of substantial rental income or the establishment of a thriving business. Its proximity to local offices and consistent passing trade further enhances its appeal.
Poised for a swift reopening as a bar or restaurant, the property requires minimal refurbishment.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Location
Glasgow is a vibrant city renowned for its rich history, cultural attractions, and robust economic activity. The area boasts excellent transport links and is well-positioned for both local businesses and visitors alike.
Accommodation
The property comprises an inviting entrance, a main floor with a capacious bar area, a convenient storage room, and essential toilet facilities.
Terms
Guide Price - £135,000
With an impressive potential rental income of £25,000 to £30,000 per annum, this property offers a promising yield of 19% to 22%. It's a fantastic opportunity for the astute investor seeking both capital and rental growth potential.
Additionally, it benefits from a rateable value of £10,500, qualifying for low rates relief, making it an even more attractive investment.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.