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101-105 Sauchiehall St 8,632 SF Retail Building Glasgow G2 3DD $3,775,960 ($437.44/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
$3,775,960
Price Per SF
$437.44
Cap Rate
8%
NOI
$302,077
Tenancy
Single
Building Height
3 Stories
Frontage
39’ on Sauchiehall St
Amenities
- Security System
1 1
Nearby Major Retailers
1 of 4
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101-105 Sauchiehall St
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