Single Storey Commercial Retail Premises ***IDEAL FOR HOT FOOD CONSENT (stp)***in popular high density, main road location. Prominent Frontage on mains arterial route through Glasgow***Next to Glasgow College Campus**Celtic Park Stadium Nearby*** Great Opportunity
- The property is located near to busy public houses and Duke Street Train Station creating high footfall and strong demand.***Rare opportunity*** Excellent Asset Management Potential***SUPER SIZE: circa 550 q FT***
- ***470 Duke Street Sold £275k (Feb 18)**533 Duke Street Sold £70k (Sept 17)**348 Duke Street Sold £140k (Aug 17)**491 Duke St Sold £155k*** Low Guide Price to Ensure Sale***
- Excellent possible investment opportunity. Estimated rental level for a busy Hot Food Takeaway in this location is £10,400 per annum (£200 per week) **Possible High Rental Return** Potentially 16% Per annum**
- Located within the popular Dennistoun district & benefiting form having a prominent frontage with high volumes of passing footfall & traffic. Close to Parkhead Forge Shopping Centre**Duke Street Train Station & Celtic Park Football Stadium***
Description:Single Storey Retail Premises situated within Popular parade of shops***Potentially Ideal For Hot Foot Takeaway***subject to obtaining all necessary consents***Highly Sought after Dennistoun District of Glasgow**Other operators in Parade include Off license, Indian Restaurant, tattoo parlour*** The Property is next to a Newly built Glasgow College Campus***Located on the main Duke Street thoroughfare this seldom seen available property is positioned on a prominent location benefiting from having high visibility from passing traffic. Moreover, this property is located near to popular public houses and Duke Street Train Station creating a steady flow of passing footfall. The property is circa 550 square foot***Expected rental levels of £10,400 per annum (subject to various conditions) ***Potentially High Yielding Opportunity***Excellent opportunity to acquire a property with the benefit of actively managing and adding substantial value to the asset***.***High Profile & Sought after location*** The property is within close proximity to Major Regeneration Zones with the continuing Re-development of the College Business District, connecting Glasgow City Centre to Duke Street***GREAT OPPORTUNITY***
The Dennistoun district is a fantastic location benefiting from excellent transport links to Glasgow city centre via bus routes on Duke Street & Train Station. The area is a popular residential district with a large Student, Key Workers & Young Professional local population living within the immediate vicinity of this retail unit. Duke Street is host to a number of national tenants.
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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.
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.
Open Viewings Scheduled:
Wednesday, July 25, 2018 : 12.45pm -> 1.00pm
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...
31 July 2018
Glasgow Radisson Hotel
301 Argyle Street, G2 8DL