BIDDING OPENS in...

Description

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

SECURE PARKING SPACE FOR SALE - Space 68 within underground City Centre CAR PARK - Security controlled Entrance within exclusive Candleriggs city centre development (Space 67).

Rental Potential up to £75 per week - (£3,900 per year) per space giving realistic total rental income of £7,800 per annum. The immediate area is known for it’s shortage of available parking.

PRIME ADDRESS IN GLASGOW'S MERCHANT CITY within the City Centre with parking at a premium. Super location for Universities and city centre offices. Walking distance to the Central Business district.

Private parking in the Q Park car park costs £3 per hour. Use of this car parking regularly would add up to around £5,000 per annum per space. A total outlay of approximately £10,000 per annum.

Premier district in Glasgow’s highly desirable MERCHANT CITY. Surrounding retailers include UNESCO City of Music, Glasgow School of Art, La Piazzetta, Indian Cottage, O'Neills Bar, Guitar Guitar.

SECURE PARKING SPACE FOR SALE - Gated and CCTV observed private parking - Space 68 within underground City Centre CAR PARK - Security controlled Entrance within exclusive Candleriggs city centre development (Space 68). Rental Potential up to £75 per week - (£3,900 per year) per space giving realistic total rental income of £7,800 per annum. Candleriggs is one of the most easily accessible car parks in Glasgow that also features some of Scotland's widest parking spaces. Located just off Trongate, the car park is close to the City Hall and Old Fruitmarket. Please note the immediate area is known for it’s shortage of available affordable street parking. RENTAL POTENTIAL - Private parking in the Q Park car park costs £3 per hour. Use of this car parking regularly would add up to around £5,000 per annum per space. A total outlay of approximately £10,000 per annum. Candleriggs is a street in the city of Glasgow, Scotland. It is located in the Merchant City area of the city centre. Candleriggs is perhaps best known as the site of the City Halls, a musical venue operated by Glasgow City Council, home to the BBC Scottish Symphony Orchestra and a regular Glasgow performance base for the Scottish Chamber Orchestra. It is the older purpose-built concert hall in Glasgow. Emerging and Vibrant Community Rising from the Heart of the Merchant City - The nearby Candleriggs Square is a brand-new development taking place in the heart of Glasgow's Merchant City.

Walking distance to world famous George Square and Glasgow Central/Queen Street train links. Excellent rental investment within the heart of the MERCHANT CITY when let. Trongate, Glasgow Royal Infirmary & the nearby Business District within minutes. Premier district in Glasgow’s highly desirable MERCHANT CITY. Surrounding retailers include UNESCO City of Music, Glasgow School of Art, La Piazzetta, Indian Cottage, O'Neills Bar, Guitar Guitar and Café India --- NEW ENTRY - PRICED TO SELL - Excellent ROI possibilities

Full Address: Space 68 Candleriggs Car Park, Merchant City, Glasgow, G1 1LH

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Pricing Information & Bidding

Opening Bid: £10,000

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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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 02 October 2025, 10am-3pm
Type: Timed Online Auction

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