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Prominent Double Fronted Retail Premises , 537 Sauchiehall Street, Glasgow, G3 7PQ

7,863 Sq Ft / Retail / General Retail

For Sale - £500,000.00

To Let

Under Offer - Last updated: 26 April 2024

The property is on the ground and lower ground floors of a traditional three storey sandstone building with flats on the upper floors.

The unit benefits from a large double window display with metal protecting grilles. There is a recessed entrance door which is externally protected by a metal roller shutter.

Internally, the property is largely rectangular in shape as shown on the indicative layout plans. At ground floor there is an extensive open plan shop/sales area with two private offices located to the rear. There is an access stairway from ground floor leading to lower ground floor which provides a number of individual offices, store areas plus male, female and accessible toilet facilities.

Whilst the previous occupier maintained a single point of access to the lower ground floor, there was previously a stairway towards the front section of the sales area which was boarded over, but could easily be reinstated by an ingoing occupier, if required.

There is a door at lower ground level which provides access to a shared service yard/lane to the rear of the building.

Location

The property occupies a prominent position on the south side of Sauchiehall Street, by its junction with North Street at Charing Cross. The subjects benefit from excellent transport links with Charing Cross station being in close proximity and St Georges Cross Underground Station within a 10 minute walk. There are regular bus services in the immediate vicinity and close access to the M8 Motorway at junctions 18 and 19.

The property is close to the Park Area with its traditional townhouses in both office and residential uses. However, Sauchiehall Street is a busy commercial thoroughfare connecting Glasgow’s west end to the city centre. Whilst there are a variety of commercial properties in close proximity e.g Penny Black / Post Office, Co-op Convenience Store and Coltart and Earley Architects, this location has seen an increased emergence of leisure and restaurant openings with the likes of Chinaskis, Locale, Bocadillo, Lamora Pizzeria, Akbar’s Restaurant and The Haberdashery all in close proximity.

Accommodation

The property has the undernoted approximate Net Internal Floor Areas:-

Ground Floor - 382 sq m (4,107 sq ft)

Lower Ground Floor - 349 sq m (3,756 sq ft)

Total - 731 sq ft (7,863 sq ft)

Terms

Planning - The subjects benefit from Class 1A consent however may be suitable for alternative uses including Class 3, 10 & 11 uses subject to planning. All planning queries should be addressed to Glasgow City Council (tel: 0141 287 8555) or (e-mail: planningenquiry@glasgow.gov.uk).

Terms - Offers in excess of £500,000 are invited for the purchase of our clients heritable interest in the property.

Whilst it is our clients preference to sell the property they may consider a letting for a minimum 5 year period & rental terms are available on request.

Rates - Rateable Value - £51,000.

Please note that a new occupier has the right to appeal the current assessment.

VAT - VAT will be chargeable on the purchase price.

EPC - A copy of the Energy Performance Certificate is available upon request.

Legal Costs - Each party to be responsible for their own legal costs incurred during the transaction.

Specification

  • Prominent retail unit with large double display frontage.
  • May be suitable for medical / clinic / gym / nursery / restaurant uses - subject to planning
  • Excellent communication/transport links.
  • Ground Floor NIA – 382 sq.m (4,107sq.ft.)
  • Lower Ground Floor NIA – 349 sq.m (3,756sq.ft.)
  • Rear loading at lower ground floor.
  • OFFER OVER £500,000 INVITED.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Offers in excess of For Sale Freehold £500,000.00 NA
May Let - POA To Let NA NA

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Contact agents

Claire Hutton

DM Hall

0141 432 0952

Graeme Todd

DM Hall

0141 432 0877

Gregor Brown

G M Brown

0141 432 1268

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