Guide price
£20,000
Office for saleSuite 1/3, 12 Renfield Street, Glasgow G2
About this property
Prime new entry. Excellently presented commercial unit, set in a prime central location in Glasgow.
For rental purposes, the property could potentially achieve £450 - £550 per month (£5,400 - £6,600 p/a). This would provide a fantastic 22% - 24% yield if achieved for guide price.
Sure to appeal to shrewd commercial investors looking for an easily lettable property or owner occupiers looking for an affordable commercial unit in Central Glasgow
Property is situated in a prime location in Glasgow, just a short 2 minute walk to Glasgow Central Station and close by to a whole host of local amenities.
Property benefits from a rateable value of £2,100, qualifying for small business rates relief.
- Prime new entry. Excellently presented commercial unit, set in a prime central location in Glasgow.
- For rental purposes, the property could potentially achieve £450 - £550 per month (£5,400 - £6,600 p/a). This would provide a fantastic 22% - 24% yield if achieved for guide price.
- Sure to appeal to shrewd commercial investors looking for an easily lettable property or owner occupiers looking for an affordable commercial unit in Central Glasgow
- Property is situated in a prime location in Glasgow, just a short 2 minute walk to Glasgow Central Station and close by to a whole host of local amenities.
- Property benefits from a rateable value of £1,000, qualifying for small business rates relief.
We are excited to present this excellent commercial property in Glasgow.
Property comprises: Bright spacious office, communal kitchen & bathroom.
***Rateable Value £1,000 p/a***
Excellent high yield potential. Potential yield of 22% - 24% if achieved for guide price, based on an estimated rent of £5,400 - £6,600 p/a.
Sure to appeal to investors looking for an affordable commercial investment with low rates.
Excellent affordable office space for business owners looking for an office in Central Glasgow.
Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.
Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.
Location:
Glasgow is Scotland's largest city, known for its affordable living, vibrant culture, and strong economy. It boasts top universities, excellent transport links, and plenty of green spaces, making it a desirable place to live. For investors, Glasgow offers strong rental yields, ongoing regeneration projects, and a booming economy, particularly in finance, tech, and tourism. With lower property prices than other major UK cities, it presents a great opportunity for both residential buyers and investors looking for growth and stability.
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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