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533 Sauchiehall St
Glasgow G3 7PH
Retail Property For Sale · 9,411 SF
Investment Highlights
- Well recognised and established retail premises
- The property is on the south side of Sauchiehall Street
- Separate basement/storage accommodation to rear
Executive Summary
The subjects comprise a retail unit trading as Penny Black which is situated on part of the ground floor of a 3-storey, attic and basement building constructed of sandstone with a pitched tiled roof. The property is on the south side of Sauchiehall Street a short distance from its junction with North Street at Charing Cross. Charing Cross Station is within a short walking distance and the M8 Motorway is immediately accessible at Junctions 18 and 19.
PROPERTY FACTS Sale Pending
| Unit Size | 4,637 SF | Building Class | C |
| No. Units | 1 | Number of Floors | 5 |
| Total Building Size | 9,411 SF | Typical Floor Size | 3,137 SF |
| Property Type | Retail (Unit) | Year Built | 1920 |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.73 AC |
| Sale Type | Investment |
| Unit Size | 4,637 SF |
| No. Units | 1 |
| Total Building Size | 9,411 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | C |
| Number of Floors | 5 |
| Typical Floor Size | 3,137 SF |
| Year Built | 1920 |
| Lot Size | 0.73 AC |
1 Unit Available
Unit 533
| Unit Size | 4,637 SF | Tenure | Freehold |
| Unit Use | Retail | Net Initial Yield | 9.00% |
| Sale Type | Investment | NOI | £27,000 |
| Unit Size | 4,637 SF |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 9.00% |
| NOI | £27,000 |
Description
There is a modern glazed frontage giving access to the retail unit which has a largely open plan sales area with some attractive architectural features. To the rear of the sales area is the Post Office counter with its adjoining storage area. At the rear of this section is an office, further storage space and toilet facilities.
There is a stair from the ground floor to mezzanine space where there is a staff room/kitchen and a further store room.
Sale Notes
Retail unit investment for sale. Offers over £300,000 (9% NIY). Trades as Penny Black/Post Office.
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Amenities
- Security System
- Roller Shutters
