>
Gallowgate, Glasgow G1 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 being offered for sale at a guide price of £85,000, providing a fantastic yielding investment opportunity. The property is currently tenanted at £900 per calendar month, generating an excellent 12% yield if achieved at the guide price. The property is leased under a 10-year FRI lease, effective from November 2023 to November 2033, with a tenant-only break option in 2028. Situated on a busy street in Glasgow city, the property benefits from large footfall traffic and is an ideal location for commercial investors. With a prime commercial investment location, this property offers an affordable opportunity for investors looking for a high-yielding investment in a thriving city.