For Sale by Auction 2pm on 26th November 2026
We are delighted to offer to auction this vacant third-floor office suite within a well-established commercial building on Renfield Street, in the heart of Glasgow city centre.
The office itself offers excellent income potential, with comparable office suites in the area achieving rents of approximately £5,000 per annum. Based on the guide price, this represents a potential gross rental yield of around 25%, making it an attractive proposition for investors seeking a high-yielding commercial asset. Alternatively, the property would suit an owner-occupier looking to establish a business presence in a prime city centre location.
Early viewing is strongly recommended.
Location
Renfield Street enjoys prime central Glasgow location and benefits from excellent transport connections and immediate access to an extensive range of retail, leisure and business amenities.
Accommodation
Extending to approximately 15 sq. metres (160 sq. ft), the office benefits from a shared kitchenette and WC facilities with three neighbouring office suites.
Terms
Tenure - Freehold
Guide Price - £20,000 (plus fees)
Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information - *Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information - *Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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PURCHASERS NOTES
Please note that these particulars have been prepared by us on the basis of information provided by our client. If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.
• No tests have been made of services, equipment, or fittings.
• No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.
• All measurements, distances and acres are approximate.
• Fixtures, fittings, and other items are not included unless specified in these details.
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