Submit Offer
Description
***Supersized FREEHOLD commercial unit with full vacant possession***Prime commercial space within walking distance of Glasgow City Centre***
***Commercial rental potential up to £60,000 pa. Close to city centre with massive development potential***
***Set out over ground floor and basement levels. Separate entrances would allow the sub division of the building to maximise income potential***
***Various options for future usage, restaurant, nursery, office space, gym, residential conversion, apartments (subject to planning and consents)***
***FREEHOLD commercial premises with full vacant possession*** 6,347 SQUARE FEET FULL GROUND and BASEMENT FLOORS of Iconic Savings Bank Category B listed building in Glasgow's GARNETHILL / CITY CENTRE beside former Stow College, Glasgow School of Art & CHINATOWN ***Most recently a NURSERY*** Potential for NURSERY/GYM/RESIDENTIAL/OFFICES/RESTAURANT/MEDICAL CENTRE (subject consents). *** Super location walking distance to COWCADDENS Underground facing CHINATOWN. Near Dundas Court Business Centre, PDSA vet Centre and FORMER STOW COLLEGE CAMPUS (Now being converted to hundreds of student flats). RENTAL POTENTIAL UP TO £60,000 PER ANNUM.*** 100% PRIME UNIQUE BUILDING which would lend itself to nursery use (most recent) or could be split to MULTIPLE FLATS or MUTLIPLE COMMERCIAL UNITS - given the super frontage. (Subject to consents), Ground Floor - 3012 sq feet. Basement - 3335 sq feet. TOTAL - 6347 SQ FEET. The property benefits from 3 points of access and egress to the ground floor (therefore lends itself to be easily split). Also benefit from 2 stairwells from the ground floor to the basement - again suits subdivision to various uses or combination of uses. HEALTHCARE/NURSERY etc.
Super location walking distance to COWCADDENS Underground facing CHINATOWN. Near Dundas Court Business Centre, PDSA Vetinery Centre and FORMER STOW COLLEGE CAMPUS (Now being converted to hundreds of student flats).
Full Address: 101-105 New City Road, Glasgow, G4 9JX
Show MoreMap & Location
Map Street View SatelliteSpecial Terms of Sale
-
Buyers Fee (?) 2% of Sale Price (Minimum of £2500 +vat)
Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.
Document Downloads
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
Pricing Information & Bidding
Opening Bid: £360,000
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). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
Offer Now... You may submit an offer now on this property for the owner 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.
Submit Offer Now
Terms of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 2% of Sale Price (Minimum £2,500 + vat)
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.