Outstanding opportunity to acquire a massive former Warehouse (circa 4,000 sq ft) in the heart of the Battlefield District of Glasgow’s highly desirable Southside.***Central Location***Re-Development Potential***100% Prime District*** MULTIPLE ALTERNATIVE USES***
- The property would be ideal for conversion into Business Centre (Serviced offices) / Restaurant / Children’s play centre / Gymnasium / Nightclub – Entertainment Venue (STP ***Potential Rental income in excess of £52,000 per annum***)The Property is Similar to The Glad Café in Shawlands***
- ***101 Battlefield Avenue 1/L Sold £157,500 (Aug 17)**25 Battlefield Avenue 2/2 Sold £146k (Aug 17)**14 Battlefield Ave 3/L Sold £155k (July 17)**8 Battlefield Ave 1/L Sold £155,501 (May 17)**6 Battlefield Ave G/R Sold £172,500 (April 17)**14 HIGHLY DESIRABLE STREET***
- Currently accessed via a roller shutter on Battlefield Avenue*Upon entering the subjects, this property opens up to a substantial blank canvas***Excellent location close to:*Langside College*Victoria Infirmary Hospital*Hamden Park Stadium*Nearby Modern Residential Developments***
- Unique Property with exceptional potential***requires upgrading*** Likely to be of interest to Developers & Investors***Incredible Potential***
Description:Rare Opportunity to acquire a Massive former Warehouse (Circa 4000 Sq Ft) in the Heart of the Battlefield District of Glasgow’s Southside***This fantastic property situated within a traditional red sandstone 3 storey tenement building, offers exceptional possible potential re-development prospects***subject to obtaining all necessary planning and building permissions*** The property would be ideal for conversion into Serviced offices / restaurant / Children’s play centre / Large Retail Premises / Nightclub – Entertainment Venue (STP)---requires substantial upgrading works---Potentially Lucrative Investment Income*** with an estimated rental potential of up to £1000 per week (£52,000 per annum) once a Re- development has been completed. This property would be an ideal investment opportunity for professional property investors looking to expand their commercial portfolios in a district that is undergoing substantial Investment*** ***Great Opportunity to develop a large property into a successful income producing investment***MUST BE SOLD***
Located on a Highly Desirable residential street with the surrounding area being heavily populated with good quality & sought after flatted residential accommodation creating a densely populated district comprising sought after traditional tenement flats: this property would be an ideal purchase for a developer*** Adjacent streets benefit from hosting a number of retail units including restaurants, Gastropubs, takeaways, national retailers and a diverse mix of boutique independent retailers.
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Ownership & Occupation:
Freehold- Outright ownership of the property and land on which it stands.
Vacant- Full vacant possession offered at time of completion.
Enhanced Buying Terms:
|Discounted Buyers Fee||£1,500 (inc vat)|
Auction Guide Prices are displayed as an indication of each seller's approximate sale 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 no more than 10% above or below the advertised guide price.
Bid Now Explained:
You may submit an offer now on any of our live properties for the sellers 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.
Internal Open Viewings:
This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.
External Viewings Anytime:
You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.
Offer Now:You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.
Bid Live in Person:Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.
Bid by Phone Live:
If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Bid by Proxy: (Ebay Style Highest Bid)
This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
01 May 2018
Glasgow Radisson Hotel
301 Argyle Street, G2 8DL