For Sale By Auction | 14:00, 30 January 2020

27, Warroch Street, Glasgow, Glasgow, G3 8BL

*Guide | £155,000+ (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 30/01/2020

Auction Time

14:00

Auction Venue

Radisson Red, 25 Tunnel Street, Glasgow, G3 8HL

Commercial building

Fantastic investor opportunity to purchase this large commercial building extending to approx. 410 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 below is also available as a separate lot or may be purchased together as one lot. 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.

Tenure

Freehold

Around 410 square metres of office space

Prime location

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

Property at 25 Warroch Street also available

Area

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.

Local Authority

Glasgow City Council

Additional Fees

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.