Vacant Commercial LOT 361

44 Jamaica Street, Glasgow, G1 4QG
BIDDING OPENS in...
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Description

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

1,900 Sq.Ft Former Skin Care Clinic occupying the entire 1st Floor of a traditional city centre building. Jamaica Street is main thoroughfare towards the River Clyde located beside Glasgow Central.

Estimated Final Development Value: £525,000 (£175,000 per property). Main Door property over 1,900 Sq.Ft with fantastic layout and outlook. Full sized rooms with aspects onto Jamaica Street.

Central position within the heart of Glasgow City Centre surrounded by modern commercial developments. Near To Barclays Bank (Barclay Wharf) offices. Mains water, drainage, gas and electricity.

Opportunity to convert into Three x One bedroom executive flats. Unique property in a fantastic location offering incredible residential development potential (subject to consents).

Glasgow city centre is continually undergoing massive redevelopment and substantial regeneration - Main door self contained premises which is perfect for a multiple unit residential development.

Substantial 1st floor commercial premises located in the heart of Glasgow City Centre. The property is circa 1,900 Sq.Ft. Prime city centre location. B Listed traditional Building. Recently Refurbished. The subjects are being sold with the benefit of vacant possession and would make an excellent investment for a landlord looking to put in place a commercial lease or indeed someone looking to owner occupy the property. The property would suit a beauty business, aesthetics clinic, dentist amongst many others. First-floor property located within the heart of Glasgow City Centre near to The River Clyde. Huge potential for ongoing commercial use or converting into a number of residential flats (subject to planning and consents) --- ENTIRE 1ST FLOOR OF THE BUILDING - Huge local student rental demand throughout Glasgow. Huge local student rental demand throughout Glasgow Substantial property would easily convert into three fantastic self contained flats. Great Location next to Glasgow Central Train Station. Next to Modern Developments along the Broomielaw, Jury's Inn Hotel and a high number of city centre amenities on Argyle Street. Incredible property and potential. Well placed for a wide range of retail shopping facilities, public transport links and restaurants. The immediate vicinity of Station House is at the centre of significant change in the City. This includes the consented redevelopment of the former Debenhams department store on Argyle Street which will provide 200,000 sq ft of Grade A offices and a roof top restaurant. The St Enoch Centre is also part of a wider masterplan to “raise the roof” off the Centre and create a new mixed-use open-air quarter providing residential, leisure and retail space. This will link Argyle Street back to the river and the opportunities that will emerge along the river edged over the next few years. Argyle Street is the next phase of the “Avenues & Lanes Project”. This will see Argyle Street being reduced in width and traffic restricted to electric bus movements with the emphasis on promoting active travel by bicycle or foot.

The area is well-connected with major transportation links, including bus and subway stations, making it easily accessible. It is also home to several restaurants, cafes, and shops, providing excellent opportunities for shopping and dining. Whether you’re a resident of Glasgow or visiting the city, St Enoch Square is a must-visit location packed with culture, history, and modern amenities. This location offers unquestionably one of the most envied and prominent social locations Glasgow has to offer with wealth of historic buildings and a range of amenities including both general and specialist shopping, wine bars and many highly acclaimed restaurants and is also conveniently located for access to the Merchant City. Fantastic location. Nearby occupiers include Premier Inn, Clayton Hotel and Adagio Aparthotel as well as all of the retail and leisure offering of Buchanan Street, Argyle Street and Glasgow’s Merchant City. The City Centre can also be reached by foot where world class shopping can be found along with a wealth of amenities, restaurants and bars. The nearby Clydeside Expressway, Clyde Tunnel, M77 and the M8/M80 ensure easy access to Scotland`s arterial road network. Jamaica Street located in the heart of the City Centre a stone’s throw from St Enochs Square. The Square is known for its beautiful architecture and historically significant buildings.

Full Address: 44 Jamaica Street, Glasgow, G1 4QG

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Plans

44  Jamaica Street  Glasgow

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Pricing Information & Bidding

Opening Bid: £213,000

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).

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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: 02 May 2024, 10am-3pm
Type: Timed Online Auction

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