Initial price	£300,000
25/05/24	£263,000
21/06/24	£220,000
Price Change	-26.67%

Prime Property Auctions has listed a unique commercial investment opportunity in the heart of Glasgow's bustling Hope Street. This rarely available underground bar and club, with a guide price of £300,000, presents an attractive proposition for investors, offering a substantial rental income of £35,000 per annum, equating to £2,920 per month, and yielding an impressive 11% based on the guide price. The property, currently vacant, boasts a rateable value of £16,000 and is situated in a prime location close to Glasgow Central Station, a major transportation hub, and surrounded by a plethora of hotels, restaurants, and shops, ensuring a high footfall and passing trade. This commercial unit is ideal for investors seeking a cash-producing asset with potential for rental growth, and it is available for immediate purchase through Prime Property Auctions' upcoming timed online auction. Prospective buyers can register for the auction or submit an offer directly through the sales office.