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116 Sauchiehall St
Glasgow G2 3DH
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Prime corner location in Sauchiehall Street
  • Net Initial yield 7.0%
  • Let to Kokoro UK Ltd - lease until 2039

EXECUTIVE SUMMARY

The accommodation is arranged over ground, basement and first floors within a typical city centre block having four upper floors. The property was built in around 1845 and is grade B listed. Sauchiehall Street is one of the three principal shopping streets in Glasgow and together with Buchanan Street and Argyle Street forms the shopping Z. The east end of the street is anchored by the Buchanan Galleries shopping centre which includes John Lewis. The street is pedestrianised and home to major retailers including Primark, Marks & Spencer and TK Maxx. The subject property is located near the middle of the street in the busy pedestrianised section between Marks & Spencer, Primark, Boots, TK Maxx and WH Smith to the west and Buchanan Galleries to the east. It is on the north side at the junction with Hope Street. The premises occupy the Sauchiehall Street/Hope Street corner within the recognised leisure circuit and with unrestricted access for the evening trade. It is opposite Savers, close to Savoy Shopping Market, McDonalds, Waterstones, Forbidden Planet, Superdrug and the Co-op.

PROPERTY FACTS

Property Type Retail
Property Subtype Storefront
Building Class B
Lot Size 0.11 AC
Gross Leasable Area 7,426 SF
No. Stories 6
Year Built 1845
APN / Parcel ID GLA89178

AMENITIES

  • Bus Line
  • Security System
  • Signage
  • Automatic Blinds
  • Storage Space
  • Listing ID: 20589160

  • Date on Market: 8/11/2020

  • Last Updated:

  • Address: 116 Sauchiehall St, Glasgow G2 3DH

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