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101-105 Sauchiehall St 8,632 SF Retail Building Glasgow G2 3DD $3,714,820 ($430.35/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire a freehold interest in a high-profile city centre asset with long-term value potential
- McDonalds have traded from this property since 1990
- Extending to approximately 10,160 sq.ft. (943.88 sqm) across a prominent full building, ideally suited for high-volume restaurant operations
EXECUTIVE SUMMARY
The property is held on a full repairing and insuring (FRI) head lease let to McDonald’s Restaurants Ltd, expiring 31 January 2035, at a current passing rent of £235,000 per annum). There is a rent review on 1st February 2025 (not actioned) and 1st February 2030. Passing rent of £235,000 per annum, McDonalds have traded from this property since 1990.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
8,632 SF
Building Class
B
Year Built
1983
Price
$3,714,820
Price Per SF
$430.35
Cap Rate
8%
NOI
$297,186
Tenancy
Single
Building Height
3 Stories
Frontage
39’ on Sauchiehall St
AMENITIES
- Security System
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NEARBY MAJOR RETAILERS
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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101-105 Sauchiehall St
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