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Description

  • Status: Available
  • Type: Land
  • Ownership: Freehold
  • Occupation: Vacant

PRIME DEVELOPMENT/ INVESTMENT OPPORTUNITY in Glasgow's affluent West End. Rare opportunity to acquire 36 parking spaces with potential for use as Electric Car Charging Stations. EXCELLENT ACCESS.

SUPER LOCATION IN AFFLUENT SETTING within densely populated residential suburb with massive shortage of parking spaces locally. Individual parking spaces regularly sell for up to £20,000 per space.

Opportunity to purchase and split the title in order to sell off spaces individually. Selling each space for £15,000- £20,000 would generate an income of £540,000- £720,000 giving outstanding return

MASSIVE DEMAND ACROSS GLASGOW FOR DESIGNATED ELECTRIC CHARGING SPACES in fast growing investment sector. Super opportunity for long-term income stream in sought after location. ENVIRONMENTAL OPTION.

**Heart of West End** 100% PRIME LOCATION***Rare Development potential with breakup value***High Density Location*** Likely to attract enquiries from Serious Investors & Developers.

***RARE DEVELOPMENT AND INVESTMENT OPPORTUNITY*** PRIME DEVELOPMENT/ INVESTMENT OPPORTUNITY in Glasgow's affluent West End. Rare opportunity to acquire 36 parking spaces with potential for use as Electric Car Charging Stations. EXCELLENT ACCESS. SUPER LOCATION IN AFFLUENT SETTING within densely populated residential suburb with massive shortage of parking spaces locally. Individual parking spaces regularly sell for up to £20,000 per space. Opportunity to purchase and split the title in order to sell off spaces individually. Selling each space for £15,000- £20,000 would generate an income of £540,000- £720,000 giving outstanding return. MASSIVE DEMAND ACROSS GLASGOW FOR DESIGNATED ELECTRIC CHARGING SPACES in fast growing investment sector. Super opportunity for long-term income stream in sought after location. ENVIRONMENTAL OPTION. **Heart of West End** 100% PRIME LOCATION***Rare Development potential with breakup value***High Density Location*** Likely to attract enquiries from Serious Investors & Developers.

The River Kelvin walkway is nearby and is ideal for pedestrian and cycle access to the West End location which is extremely convenient for a host of local amenities and also sits close to both City and West End amenities. The subjects are only a short walk from Great Western Road which has a number of popular and renowned bars and restaurants, Kelvinbridge underground and shopping facilities. In addition to this, there are excellent road links close by giving easy access to Glasgow City Centre and the Central Belt motorway network system. Glasgow Airport is approximately fifteen minutes by car. Perfect for investment and rental capacity in the region of £400 pcm - £4,800 p.a. Well maintained communal areas and rear gardens. Viewing advised.

Full Address:  36 Potential Car Charging Spaces, West End Glasgow, G12 0HQ

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Pricing Information & Bidding

Opening Bid: £221,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

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