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395sq ft Ground Floor Commercial Premises situated in an exceptional City Centre Location. Freehold sale. ** LET: £12,000 PER ANNUM *** Rates Exempt under small business scheme.
Total Area = Ground: 36.74sqm (395sq ft)
The property is let to Precision Intents Ltd (a well established Glasgow city niche barber) expiring 29th March 2031
Located on the east side of Stockwell Street, close to Bridgegate in Glasgow's city centre.
The unit is well placed for easy access across the city, with a number of bus services operating nearby as well as close proximity to Argyle Street train station. The city centre is within walking distance and there are also a number of car parks available locally at St Enoch’s Shopping Centre, Howard Street and Dunlop Street. The property comprises a ground floor commercial premises forming part of a larger four-storey tenement building of sandstone construction. The property benefits from large display windows, high ceiling and laminated flooring. To the rear of the unit there are toilet and storage facilities.
The property is located on the east side of Stockwell Street, close to Bridgegate in Glasgow's city centre. The unit is wellplaced for easy access across the city, with a number of bus services operating nearby as well as close proximity to Argyle Street train station. The city centre is within walking distance and there are also a number of car parks available locally at St Enoch's Shopping Centre, Howard Street and Dunlop Street.
Full Address: 139 Stockwell Street, Let Investment, Merchant City, Glasgow, G1 4LR
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Map Street View SatelliteTenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 2031
Rent: £12,000 per year / £1,000 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes: The property is let to Precision Intents Ltd (a well established Glasgow city niche barber) expiring 29th March 2031 at a passing rent of £12,000p.a.x. The tenant has an option to determine on 30th March 2029. The vendor holds a rent deposit of £2,400 (including VAT)
Document Downloads
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Pricing Information & Bidding
Opening Bid: £125,000
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SPECIAL Terms of Sale
- 10% Deposit (Minimum £3,000)
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- 4 Weeks Completion or Longer By Agreement
- Contribution to Sellers Costs £2,750 for on time settlement
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
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Auction Details
Type: Timed Online Auction
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