2nd Floor, Former Tattoo Studio, 118 Sauchiehall Street, Glasgow, Lanarkshire, G2 3DH

Description

Substantial second-floor commercial premises comprising a double unit within a prominent building on Glasgow's Sauchiehall Street. Formerly operated as a successful tattoo studio, the property offers extensive open-plan accommodation with flexibility for commercial, creative or professional uses. Potential for refurbishment, reconfiguration, redevelopment and alternative uses including residential conversion, subject to planning and necessary consents.

Accommodation

Extensive open-plan accommodation in a spacious second-floor double unit.

Location

Situated in the heart of Glasgow City Centre on Sauchiehall Street, surrounded by retail, hospitality, office and residential occupiers. Glasgow Central and Queen Street railway stations, Buchanan Bus Station and the city's public transport network are within easy walking distance. The locality includes prime retail occupiers at ground-floor level and offices at upper-floor level, with restaurants, bars, nightclubs, theatres and cinemas nearby. The M8 motorway network provides access across central Scotland and to Glasgow International Airport.

Investment Analysis

Guide price is £150,000 for a substantial second-floor double commercial unit. No completed sales comparables, specific rental evidence, tenure details, condition survey, floor area, EPC, or quantified redevelopment evidence were supplied. Accordingly, GDV, market value, refurbishment cost, rent and maximum bid cannot be reliably estimated. The stated alternative residential use and redevelopment potential remain subject to planning and all necessary consents. Buyer Premium and any additional charges are also unquantified.

Investment Snapshot

Strategy Recommendation

Do not bid on current evidence alone. Obtain and review the legal pack, tenure, floor area, condition information, buyer premium, additional fees and planning position before considering commercial occupation, redevelopment or conversion.

Works Required

No specific defects or required works are evidenced. Any refurbishment, open-plan reconfiguration, commercial fit-out or potential residential conversion would require inspection, design review, planning assessment and the necessary consents.

Rental & Market Context

Potential BRRR Position

BRRR analysis cannot be underwritten from the supplied evidence. The guide is £150,000, but refurbishment costs, rent, GDV, tenure, finance assumptions and buyer charges are unavailable. Residential conversion potential is expressly subject to planning and consents.

Buy-to-Let Analysis

BTL analysis cannot be established. No sufficiently specific rental comparable or auctioneer rent estimate was supplied, and the property is described as commercial premises rather than an established residential unit. Any residential conversion would require planning and necessary consents.

Flip Analysis

A flip surplus cannot be calculated because no supported GDV, floor area, refurbishment budget, resale evidence, selling allowance or quantified buyer charges were supplied. The prominent city-centre location may support commercial or alternative uses, but this is not a valuation conclusion.

Investor Risks & Due Diligence

• No rental evidence or auctioneer rent estimate is available.

• No completed sales comparables or supported GDV evidence is available.

• Residential conversion and other alternative uses require planning and necessary consents.

• Buyer Premium and possible additional fees are unquantified.

• Tenure, occupancy, lease information and legal-pack details are not supplied.

• Condition, floor area, EPC and building-services information are not supplied.

Recommendation

Do not bid on current evidence alone. Obtain and review the legal pack, tenure, floor area, condition information, buyer premium, additional fees and planning position before considering commercial occupation, redevelopment or conversion.

Strategy Rating

Analysis Confidence

Only the guide price, broad commercial description and location context are supplied; key valuation, income, cost, legal and condition evidence is missing.