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269-273 Sauchiehall St 1,778 SF Retail Condo Unit in Glasgow G2 3HQ
Investment Highlights
- Centrally located in Glasgow
- Quick walk to Charing Cross station
Executive Summary
The property comprises a building of traditional construction arranged over six floors with retail accommodation on the ground floor and basement, office space on the first floor and residential above. The property is located in a corner position on the east side of Douglas Street at its junction with Sauchiehall Street. Charing Cross Railway Station and Cowcaddens Underground Station are within walking distance.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Freehold |
| Sale Type | Owner User |
| Tenure | Freehold |
Description
Internally, the property has been sub-divided to create a front sales area with associated changing room and storage accommodation. Access to the basement is taken via an internal timber stairwell to a kitchen facility and toilet compartment to the front section, with the remainder of the basement area being utilised as storage. Access can be taken to a common close and stairwell from the rear left of the basement area. The unit is finished to a modern standard.
Sale Notes
The property is let on FRI terms to Cancer Research UK until June 2029 The tenant has a the option to terminate this lease with effect in June 2027, subject to serving not less than six months prior written notice Passing rent of £34,650 per annum. We understand the tenant recently refurbished the property prior to the latest lease renewal in 2024.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 269 | 1,778 SF | Retail | Upon Request | - |
Unit 269
| Unit Size |
| 1,778 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 269
| Unit Size | 1,778 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Freehold |
| Description | |
| Internally, the property has been sub-divided to create a front sales area with associated changing room and storage accommodation. Access to the basement is taken via an internal timber stairwell to a kitchen facility and toilet compartment to the front section, with the remainder of the basement area being utilised as storage. Access can be taken to a common close and stairwell from the rear left of the basement area. The unit is finished to a modern standard.</li></ul> | |
| Sale Notes | |
| The property is let on FRI terms to Cancer Research UK until June 2029 The tenant has a the option to terminate this lease with effect in June 2027, subject to serving not less than six months prior written notice Passing rent of £34,650 per annum. We understand the tenant recently refurbished the property prior to the latest lease renewal in 2024.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 33,756 SF | Floors | 6 |
| Property Type | Retail (Condo) | Typical Floor Size | 3,333 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1900 |
| Building Class | B | Lot Size | 0.25 AC |
| Total Building Size | 33,756 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 3,333 SF |
| Year Built | 1900 |
| Lot Size | 0.25 AC |
Amenities
- Bus Line
- Security System
- Storage Space
1 1
Nearby Major Retailers
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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269-273 Sauchiehall St
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