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Argyle Street, Glasgow G2 Manor house for sale
Argyle Street, Glasgow G2
£900,000
Argyle Street, Glasgow G2
£900,000
Our Summary
- Guide Price 900,000 Plus FeesFor sale by unconditional online auction, registration is now open
- For sale by online auction on 23 July 2025Let to a Blue Chip Tenant until 2030, with no breaksRent £130,000 paPrime city centre position on Glasgow's 'Style Mile', at the entrance to Argyll Arcade14% Yield at the Guide Price Heritable-Scottish equivalent of English FreeholdTown & Country Property Auctions are pleased to present this high yield commercial opportunity primely located on Glasgow's 'Style Mile' at the entrance to the Argyll Arcade
- 75 sq m (1,956 sq ft) over basement, ground and first floorRENT: £130,000TenureHeritable-Scottish equivalent of English Freehold TermsLegal PackTo review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
- You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group
Description
This commercial property is located on Glasgow's "Style Mile" at the entrance to Argyll Arcade, with a prime city centre position. The property is currently let to Hutchinson 3G UK until 2030 with no break clause, generating a rent of £130,000 per annum, which represents a 14% yield on the guide price of £900,000. The property has a total floor area of 1,956 sq ft over three floors, including a basement, ground floor, and first floor. The property is heritable, equivalent to English freehold, and is being sold by unconditional online auction on July 23, 2025. The buyer will be required to pay a 10% deposit and a buyer's administration fee of £1,200 plus VAT, with contracts exchanging 28 days after the auction.