Fantastic investor opportunity to purchase this large commercial building extending to approx. 570 square metres situated on the edge of the City Centre fronting the corner of Warroch Street and Cheapside Street. The subjects comprise first and mezzanine floor accommodation previously used as a day care children's nursery but more recently has been used as offices / business centre and storage space contained in adjoining stone brick corner buildings. Planning is in place for the property to be used for retail, a nursery or offices. There may also be scope to convert to flats subject to relevant planning consents. The accommodation could easily be split into two separate units subject to planning and if someone is only interested in one part of the building the vendor may consider a sale of part of the building. (25 Warroch Street - £145,000 & 27 Warroch Street - £185,000). There is also a strip of land adjacent to the property that is available on a 99 year lease from Glasgow City Council if the property is utilised as a nursery again. The surrounding land to the West has recently had full planning granted for the Central Quay development including a hotel, flats and offices with works to commence shortly. This is a unique opportunity to purchase this commercial building which could offer a variety of uses for the new buyer. Arrange a viewing now to be sure not to miss out.
Around 570 square metres of office space
Access to on and off slip road of M8 close by
Potential to split to two units
On street permit parking
Planning for use for nursery, retail or offices
99 year lease available on adjacent land for nursery use
Priced to sell
The subjects occupy a unique business location on the edge of the City Centre fronting the corner of Warroch Street and Cheapside Street as shown on the included plans. The immediate surrounding area to the West comprises the location of the Central Quay prime office, hotel, residential development which is expected to commence shortly. Within short walking distance is Anderston Railway station together with the shops and hotels in Argyle Street in the City Centre. The building is also adjacent to both the on and off slip roads of Junction 19 on the M8 motorway.
Glasgow City Council
Administration Charge - Purchasers will be required to pay an auction fee of 1% of the purchase price subject to a minimum of £3,000 inc VAT unless otherwise stated
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.