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Property for sale
176-178 Gallowgate, Glasgow, G1 5DR
£85,000
176-178 Gallowgate, Glasgow, G1 5DR
£85,000
Price History
Initial price | £100,000 |
07/11/24 | £85,000 |
Price Change | -15.00% |
Description
This tenanted commercial property in Glasgow is a fantastic investment opportunity, offering a 10.8% yield if achieved at the guide price of £100,000. The property is leased under a 10-year FRI lease, with a tenant-only break option, and currently generates £10,800 per annum in rent. Situated on a busy street in the city centre, the property benefits from high footfall traffic and is an ideal location for commercial investors. The property comprises a large sales area, kitchen, WC, and storage space, making it a versatile and functional investment opportunity. With a prime commercial location, a strong yield, and a long-term lease, this property is an excellent choice for those looking to invest in a busy and thriving city.