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High Yield Commercial Opportunity

102 Argyle Street, Glasgow, Lanarkshire, G2 8BH

£1,100,000
Commercial
About this Property
2025-04-30
1100000
Traditional
Commercial
Description

Town & Country Property Auctions are pleased to present this high yield commercial opportunity primely located on Glasgow's 'Style Mile' at the entrance to the Argyll Arcade. This 3 storey commercial property is currently let to Hutchinson 3G UK until December 2030 with no break clause, the is £130,000 per annum which is a 11.81% yield of the current guide price. The city of Glasgow is the largest city in Scotland, being located on the River Clyde, 41 miles west of Edinburgh The city is a major port, commercial and administrative centre and is served by the M8, M74 and M77 motorways Glasgow benefits from two principal mainline rail terminals, Glasgow Central and Glasgow Queen Street. The city also has it's own international airport. Argyll Arcade Occupiers close by include: Nationwide, House of Fraser, Zara, Superdry, Primark and Santander amongst many others. ACCOMMODATION Basement: 146 sq ft, Ground Floor: 888 sq ft, First Floor: 922 sq ft. Total accommodation of 181.75 sq m (1,956 sq ft) over basement, ground and first floor RENT: £130,000

Location
More Information
Freehold
Argyle Street
Planing Authority
Glasgow City
Sold Price History
03 Feb 2022Sold Lot Allsop£1,300,000
29 Jan 2025Unsold Lot Town and Country Franchise Ltd£1,250,000
26 Feb 2025Withdrawn Lot Town and Country Franchise Ltd£1,100,000
25 Jun 2025Unsold Lot Town and Country Franchise Ltd£1,000,000
23 Jul 2025Available Lot Town and Country Franchise Ltd£900,000

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