Lot 4q

Guide Price: £175,000 - Bid Now

245-247 Saracen Street, Glasgow, G22 5JW


Key Features:

Former RBS (Royal Bank of Scotland) premises (OVER TWO LEVELS) on prominent corner position at the junction of Saracen Street and Balmore Road. Popular parade of shops - At pedestrian crossing (GREAT FRONTAGE) within 2 miles of Glasgow City Centre. Suitable for a range of uses and possible re-development to offices, dentist, furniture showroom, café/deli, restaurant - LOW GUIDE PRICE for SIZE OF UNIT


  • PRIME CORNER former BANK + Upper 1st Floor. Option to convert to 2 x 2 Bed Flats (subject to planning consents). RBS ATM generating £3,000 p/annum rental income *** FULL RENTAL POTENTIAL OVERALL £25,600 per annum *** Surrounded by nationals & local independents. Facing Greggs the Bakers and William Hill bookmakers
  • SUPER PITCH & CORNER FRONTAGE. Enjoys excellent frontages to both Saracen Street and Bardowie Street. Ground Floor 1,073 SQ. FEET with large walk in safe and meeting rooms, bright open plan banking area. First floor has several private offices, kitchen, male/female toilets and ample storage
  • Previous uses of the 1st floor appear to have included - residential flats, doctor's surgery and various offices. Potential to be split off for multiple uses or even sold /let individually. Internal stairs via the tenement provide access to the first floor. The premises have re-wired electric heating and the majority of the ground floor has suspending ceilings with integral lighting
  • PRIME CORNER Former RBS Bank + 1st Floor. Great trading location in Glasgow - PROPERTY IS SOLD AS SEEN. Located opposite to large residential area and main thoroughfare of Saracen Street. Parking available and high footfall due to taxi base and access to public transport including bus & rail links to the city centre and the surrounding area

Description:

Former RBS bank premises (OVER TWO LEVELS) on prominent corner position at the junction of Saracen Street and Balmore Road. Popular parade of shops - At pedestrian crossing (GREAT FRONTAGE) within 2 miles of Glasgow City Centre. Suitable for a range of uses and possible re-development to offices, dentist, furniture showroom, café/deli, restaurant - LOW GUIDE PRICE for SIZE AND OPPORTUNITY - PRIME CORNER former BANK + Upper 1st Floor. Option to convert to 2 x 2 Bed Flats (subject to planning consents). RBS ATM generating £3,000 p/annum rental income *** FULL RENTAL POTENTIAL OVERALL £25,600 per annum *** Surrounded by nationals & local independents. Facing Greggs the Bakers and William Hill bookmakers - SUPER PITCH & CORNER FRONTAGE. Enjoys excellent frontages to both Saracen Street and Bardowie Street. Ground Floor 1,073 SQ. FEET with large walk in safe and meeting rooms, bright open plan banking area. First floor has several private offices, kitchen, male/female toilets and ample storage

Location:


PRIME CORNER Former RBS Bank + 1st Floor. Great trading location in Glasgow - PROPERTY IS SOLD AS SEEN. Located opposite to large residential area and main thoroughfare of Saracen Street. Parking available and high footfall due to taxi base and access to public transport including bus & rail links to the city centre and the surrounding area. Previous uses of the 1st floor appear to have included - residential flats, doctor's surgery and various offices. Potential to be split off for multiple uses or even sold /let individually. Internal stairs via the tenement provide access to the first floor. The premises have re-wired electric heating and the majority of the ground floor has suspending ceilings with integral lighting

Rateable Value:


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Ownership & Occupation:


Ownership

Freehold

- Outright ownership of the property and land on which it stands.
Occupation

Vacant

- Full vacant possession offered at time of completion.

Guide Price: £175,000 - Bid Now


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:


  • Monday, May 28, 2018  :  4.10pm -> 4.25pm


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...

Proxy & Phone bidders phone... Download the Telephone Bidders Form

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...

Proxy & Phone bidders phone... Download the Proxy Bidders Form







  • Auction Date:

    13 June 2018


  • Start Time:

    7.00pm


  • Auction Location:

  • Glasgow Radisson Hotel

  • 301 Argyle Street, G2 8DL


Directions:


View a Map & Directions to the Auction Venue.
Glasgow Radisson | Edinburgh Marriott


Registration:

You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.

Legal Packs:

All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.

Deposits:

If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:

Deposit Method:

Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.