COVID-19 – Important Auction Information
For Sale By Auction | 14:00, 02 September 2022

82-90 Orr Street, Glasgow, G40 2QF

*Guide | £75,000 (plus fees)

  • Commercial Property
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Fri 02/09/2022

Auction Time

14:00

Auction Venue

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

Commercial property

New to auction is this impressive and unique commercial property situated in the East End of Glasgow, close to Bridgeton Cross. Formerly a church, the property was laterally used as a trade counter business on the ground floor with an additional storage area on the upper floor (this upper level was also occasionally used as a meeting room). The total floor area extends to approximately 565 sq. metres (approx 6150 sq. ft) being 342 sq. metres ground floor and 223 sq. metres on the first floor. We also understand that there is a basement boiler room of 24 sq. metres and a gallery/mezzanine of 124 sq. metres providing a further storage area. We understand that the property may be affected by some settlement problems to the rear section with a collapsed drain under the building. The published Rateable Value is £12,400 which means that the property may qualify for rates relief under the Small Business Bonus Scheme. This property offers a number of potential end use options (subject to any required consents) which is sure to excite investors/developers, and the keenly positioned Guide Price will encourage strong levels of demand. Early expression of interest is recommended to avoid missing out on this fantastic opportunity in prime location.

Tenure

Freehold

Area

Orr Street comprises primarily industrial/office accommodation in the Bridgeton area of Glasgow, around 1 ½ miles south east of the city centre. A variety of local retail and leisure options are nearby, with greater choice available in the city centre itself. Public transport links are easily accessed, including the nearby Bridgeton railway station, and excellent road links include the M74 and M8 motorway networks.

PLEASE NOTE

The property is being sold on behalf of mortgagees not in possession. No internal viewings are available at this time.

Local Authority

Glasgow City Council

Additional Fees

Administration Charge - Purchasers will be required to pay an Administration/Auction Fee of 3.6% of the purchase price of the property including VAT, subject to a minimum of £3,600 including VAT, unless otherwise stated.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.