Hope Street, Glasgow G2 Property for sale

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Hope Street, Glasgow G2 Property for sale

183A Hope Street, Glasgow, G2 2UL
£90,000

Our Summary

  • Property comprises a large empty underground bar and club with lots of potential
  • Property is due for auction in our upcoming timed online auction

Description

This rarely available commercial unit in a busy Glasgow City Centre street is being offered for sale with a guide price of £220,000. The property, currently vacant, has a large empty underground bar and club with significant potential for rental income, estimated at £35,000 per annum, providing a 14% yield. Located on Hope Street, the property benefits from high passing trade and is close to local amenities, including Glasgow Central Station. The property has a rateable value of £16,000 and is suitable for investors looking for an immediate cash-producing investment with rental growth potential. The property is available for immediate purchase and can be purchased online through the auctioneer's website.