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Hope Street, Glasgow G2 Property for sale
183A Hope Street, Glasgow, G2 2UL
£220,000
183A Hope Street, Glasgow, G2 2UL
£220,000
Price History
Initial price | £300,000 |
25/05/24 | £263,000 |
21/06/24 | £220,000 |
Price Change | -26.67% |
Description
This rarely available commercial unit is located on a busy street in Glasgow City Centre, offering a prime investment opportunity. The property, a large empty underground bar and club, has a guide price of £220,000 and potential rental income of £35,000 per annum, providing a 14% yield. The property benefits from a central location, close to local amenities, high passing trade, and a rateable value of £16,000. With rental growth potential and an immediate cash-producing investment, this property is sure to appeal to investors looking for a city centre investment. The property is available for immediate purchase and is due to be auctioned in an upcoming timed online auction.