Full Building
Offices & Storage Units
E.R.V. £26,000p.a.x
Income Producing Investment
Part Let: £18,000p.a.x.
Sale: Offers Invited
Location
The subjects occupy a highly visible pitch in the heart of Glasgow City Centre, on the east side of Hope Street, at it's corner with Bath Lane. The immediate surrounding area is home to a number of large scale office developments offering a large immediate catchment, and also to a number of retail, hotels and restaurants including Apex Hotel, The Pot Still, The Amber Regent and many others. Glasgow Central & Queen Street Stations, as well as Buchanan Street underground, are all within short walking distance. Various bus routes run on Hope Street which is one of the main pedestrian routes linking Sauchiehall Street to Argyle Street within the City Centre.
Property
119-121 Shore Street, Fraserburgh is a detached, three storey and attic building with a two storey extension to the side. Internally the property is laid out to provide a variety of open plan and cellular office accommodation spread over three floors.
From the top level office, further stairs lead to the attic space. On the ground level there are two separate accessed office areas both of which are leased out. Premier Refrigeration and Scottish Fisheries both currently have leases, but The Scottish Fisheries lease expired at the end of July 2019. To the side of Premier Refrigeration is a workshop/storage area. M3W Ltd and Business Development Advice Ltd both
have formal lease agreements in place until 2022.
The Scottish Fisheries accommodation is open plan with a separate locker room and canteen area. The flooring throughout this office is carpeted.
119-121 Shore Street are located close to the town centre itself and has over looks of the harbour. Well within walking distance are other business’s and shops. All of the offices are accessed off Shore Street with there being rear fire exits onto the lane. To the front of the property is ample on-street parking.
Throughout the majority of the property is gas central heating to individual radiators throughout. The whole of the property is connected to mains water and electricity.
Executive Summary
The property is let by way of a number of occupational licenses the following terms;
North Food Bank £450pcm (2026)
Prem 3 stores £4,800p.a. (1st April 2025 - 31st March 2026)
Prem Ref Ground Floor: £3,600p.a.x (1st Oct 24 - 30th Sept 2026)
BDA + 1st & 2nd Left: £350pcm 1st Dec 2024 - 30th Nov 2025 (roll tacit)
1st Floor M3W Ltd £500pcm (6 April 22 - 2025)
NAV/RV
Office 2nd floor, 119, Shore St, Fraserburgh £2600
Offices Part 1st & 2nd Floor, 119 Shore St, Fraserburgh £5100
Office Part 1st floor, 119 Shore St, Fraserburgh £7000
Office Room A, 119 Shore St, Fraserburgh £800
Offices 119 Shore St, Fraserburgh £3200
Stores 119 Shore St, Fraserburgh £2600
Office 119B Shore St, Fraserburgh £750
Office 119C Shore St, Fraserburgh £725
Office 119D Shore St, Fraserburgh £1150
Office 121 Shore St, Fraserburgh £7900
Area
Ground: 134.60sqm (1,449sq ft)
First: 116sqm (1,249sq ft)
Second: 126.13sqm (1,358sq ft)
Attic: 82.38sqm (887sq ft)
Sale
Offers are invited for our clients freehold
V.A.T
We have been advised the property is elected for V.A.T. The transaction will be treated as a Transfer Of a Going Concern (ToGC)
Legal
Each party shall bear their own legal costs incurred in the transaction
Viewing
Whilst it is a good idea to visit a property investment that is being marketed for sale as a customer before making a formal viewing, it is vitally important that such visits are carried out confidentially and that no approach is made to the staff, operators or customers of the business.
Many investments are being marketed confidentially and the staff and locals may not know that the property is on the market, therefore a casual approach can adversely affect the business
Anti-Money Laundering
TSA Property Consultants are regulated by HMRC in its compliance with the UK Money Laundering under the 5th Directive of the Money Laundering Regulations, effective from 10th January 2020, the agents are required to undertake due diligence on interested parties.