Property for sale

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Property for sale

183A Hope Street, Glasgow, G2 2UL
£125,000

Price History

Initial price £300,000
25/05/24 £263,000
21/06/24 £220,000
04/06/25 £125,000
Price Change -58.33%

Description

This rarely available commercial unit in Glasgow City Centre is a prime investment opportunity, offering a guide price of £220,000. The property, a large empty underground bar and club, has a rental potential of £35,000 per annum, providing a 14% yield. Located on Hope Street, a busy and vibrant part of the city, the property benefits from high passing trade and is close to local amenities, including Glasgow Central Station. With a rateable value of £16,000, the property is an excellent choice for investors seeking an immediate cash-producing investment with rental growth potential. The property is currently vacant, providing an opportunity for new owners to put their own stamp on the space and capitalize on its potential.