1st Floor, 118 Sauchiehall Street, Glasgow, Glasgow City, G2 3DH

Description

Prime city centre investment opportunity comprising a well-positioned first-floor commercial investment on Glasgow's vibrant Sauchiehall Street. The property occupies the entire first floor and was previously let to a barber business at £10,000 per annum. Subject to obtaining the necessary planning consents, it may offer scope for alternative commercial or residential uses.

Accommodation

The entire first floor of the premises.

Location

Located on Sauchiehall Street in Glasgow city centre, within walking distance of Glasgow Central and Queen Street railway stations, Buchanan Bus Station and the city's public transport network. The surrounding area includes retail, leisure, office and residential occupiers, with restaurants, bars, nightclubs, theatres and cinemas nearby.

Tenure / Property Information

Investment Analysis

The £100,000 guide is the only available price evidence. No completed sales, current rental comparables, valuation, floor-area measurement or GDV evidence has been supplied. The property is vacant, and the previous £10,000 per annum barber rent is historical rather than current passing rent. Buyer’s Premium and any other charges are also unquantified.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack, confirming the Buyer’s Premium and other charges, establishing the floor area and obtaining specialist planning, valuation and rental advice. Treat the opportunity as a vacant commercial asset rather than relying on the former rent or unconfirmed alternative uses.

Works Required

No physical defects or defined refurbishment works are evidenced. Any future commercial fit-out, reconfiguration or conversion would be subject to confirming the required planning consents and building requirements.

Rental & Market Context

Potential BRRR Position

A BRRR assessment cannot be completed reliably because no supported GDV, current rent, refurbishment budget or refinance valuation is available. Alternative commercial or residential use is only potential and requires the necessary planning consents.

Buy-to-Let Analysis

The property is vacant and no current rent or sufficiently specific external rental evidence is provided. The former barber rent of £10,000 per annum implies a historical gross yield of 10.0% against the £100,000 guide, before the unknown Buyer’s Premium, other costs, voids, management, maintenance and finance. This is not evidence of achievable current rent.

Flip Analysis

A flip appraisal is not supportable. There is no evidence-based GDV, measured accommodation, defined works budget or selling-cost allowance, and any change of use may require planning consent.

Investor Risks & Due Diligence

• Vacant possession means there is no current passing income.

• The £10,000 per annum figure relates to a previous barber letting and may not represent achievable current rent.

• Buyer’s Premium and possible additional fees are unquantified.

• Alternative commercial or residential uses require confirmation of the necessary planning consents.

• No floor area, tenure, lease information, condition survey or completed-sale comparables are supplied.

• Commercial demand, reletting period and tenant covenant are unverified.

Recommendation

Proceed only after reviewing the legal pack, confirming the Buyer’s Premium and other charges, establishing the floor area and obtaining specialist planning, valuation and rental advice. Treat the opportunity as a vacant commercial asset rather than relying on the former rent or unconfirmed alternative uses.

Strategy Rating

Analysis Confidence

The evidence lacks floor area, tenure, lease details, current rental evidence, comparable sales, EPC, condition, planning information, fees and a quantified Buyer’s Premium. Only the guide price and historical annual rent are supplied.