High Yield Commercial Opportunity
Address
102 Argyle Street, Glasgow, Lanarkshire, G2 8BH
Auction date
25 Jun 2025
Guide price
£1,000,000
Type
Commercial
Tenure
Freehold
EPC Rating
Unknown
Auctioneer
Town and Country
Description
This is a high yield commercial property located on Glasgow's 'Style Mile' at the entrance to the Argyll Arcade, let to Hutchinson 3G UK until December 2030 with no break clause, generating an annual rent of £130,000, reflecting a 13% yield on the guide price.
Glasgow, located on the River Clyde, is a key commercial and administrative hub in Scotland, easily accessible by motorway and rail.
Offering a total space of 181.75 sq m (1,956 sq ft) across three floors. Basement: 146 sq ft, Ground Floor: 888 sq ft, First Floor: 922 sq ft.
Heritable, the Scottish equivalent of freehold.
- Three storey commercial property
- Prime city centre position
- High yield investment
Last update: 05 May 2025