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Description

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

100% PRIME GLASGOW CITY CENTRE RESTAURANT - former BELLA ITALIA over 3600 square feet over ground floor and basement WAS LET £140,000 per Annum - Glasgow Central Station is approximately 100 yards

Excellent size, with open plan seating at ground floor along with kitchen and bar facilities. The basement offers customer w.c’s, stores, office, walk-in fridge and staff room with dedicated w.c’s.

SUPER LOCATION - Ideally positioned to take advantage of the daily passing commuter trade. Nearby occupiers include Grill on the Corner, Gusto, Barburrito, Ad Lib, Grand Central Hotel, Tesco Metro.

SUPER RENTAL POTENTIAL/INVESTMENT PROPERTY. Historically sold for over £2 million.Potential for 35 external covers also, could generate an excellent rental return round the corner from Glasgow Central

Excellent size 100% PRIME GLASGOW CITY CENTRE PROPERTY. Ready to rent. TOTAL SIZE: 334.44 SQUARE METRES (3,600 SQUARE FEET) Ground: 200.85sqm (2,162 SQUARE FEET) Basement: 133.59sqm (1,438 SQUARE FEET

100% PRIME GLASGOW CITY CENTRE RESTAURANT - former BELLA ITALIA over 3600 square feet over ground floor and basement WAS LET £140,000 per Annum - Glasgow Central Station is approximately 100 yards. Excellent size, with open plan seating at ground floor along with kitchen and bar facilities. The basement offers customer w.c’s, stores, office, walk-in fridge and staff room with dedicated w.c’s. Offers 90/100 covers in current layout however this could be significantly increased (relocating the kitchen) to basement. SUPER LOCATION - Ideally positioned to take advantage of the daily passing commuter trade. Nearby occupiers include Grill on the Corner, Gusto, Barburrito, Ad Lib, Grand Central Hotel, Tesco Metro, Santander and Sainsburys Local. SUPER RENTAL POTENTIAL / INVESTMENT PROPERTY. Historically sold for over £2 million. Potential for 35 external covers also, could generate an excellent rental return round the corner from glasgow Central station. Buchanan Street rental potential £100-120,000 per annum. Excellent size 100% PRIME GLASGOW CITY CENTRE PROPERTY. Ready to rent. TOTAL SIZE: 334.44 SQUARE METRES (3,600 SQUARE FEET) Ground: 200.85sqm (2,162 SQUARE FEET) Basement: 133.59sqm (1,438 SQUARE FEET)

The subjects are situated on the east side of Hope Street,?in the heart of Glasgow City Centre by the block bounded?by Gordon Street to the south and St Vincent Street to the north. The property benefits from having dual aspect views down Hope Street and along Bothwell Street, the main arterial route in to Glasgow City Centre. Bothwell Street is well established as the centre of Glasgow’s CBD however has recently become a thriving leisure destination, with a number of bars, restaurants and coffee shops taking advantage of the all day trade available. Glasgow is Scotland’s largest city and benefits from an immediate population of approximately 660,000 people and an estimated shopping catchment of two million.

Full Address: 94-96 Hope Street, Glasgow City Centre, G2 6PH

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Pricing Information & Bidding

Opening Bid: £716,000

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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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £1,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Buy Now Price = £795,000

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

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