102 Argyle Street, Glasgow, G2 8BH
Offers over £1,500,000 - Mortgage funding available
Blue chip tenant in situ, FRI lease in place.
0 Bedrooms
0 Public Rooms
0 BathroomsProperty Description
McEwan Fraser Legal is delighted to present to the market a unique opportunity to purchase a recently refurbished retail unit situated within the famous Argyll Arcade with a long-standing ‘blue chip’ tenant. The current FRI lease has 6 years remaining and offers a 10% return on investment at the current asking price.
The property expands over three floors, the basement which is currently unused but would make a useful storage area. The main retail area/shop floor, which has recently undergone refurbishment and is now a high-spec, modern retail area that is accessed directly off Argyle Street. The first floor offers staff facilities, a kitchen area, offices and storage. There are currently plans to demolish the St Enoch Centre which is located directly opposite the property and replace it with a development including shops, offices, restaurants and homes which could further increase the value of this investment.
Tenure: Freehold with tenant in situ.
Services: Mains gas, electricity, drainage and water.
Accounts: Will be made following a formal viewing appointment.
The description of properties on the website do not form part of any offer and all statements and photographs are for illustrative purposes only and not guaranteed. Buyers must satisfy themselves on the accuracy and authenticity of each property listed.
All buyers must check the title deeds with their solicitor to ensure what they think they are buying or what has been advertised is actually confirmed in the deeds. McEwan Fraser Legal do not check title deeds when marketing property and as such buyers must satisfy themselves that all advertised information is correct.
Location of Property
Viewing
By appointment through McEwan Fraser Legal on Glasgow 0141 404 5474
McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
More details
Part Exchange your property for a home on our site
If you are interested in a property we have available for sale and have your own property to sell, we can refer you to MP Ltd (who operate independently of McEwan Fraser Legal). They can offer you a guaranteed cash offer for your own property through this unique Part Exchange option which may allow you to sell your property quickly and easily without any Estate Agency fees or advertising costs. This allows you to make an offer for any property on our site safe in the knowledge that your existing house has a firm legal offer.
Please contact us for further details or complete the Part Exchange form. Remember your dream home could be only a phone call away 0131 524 9797.
Mortgage funding may be available through an authorised mortgage broker
McEwan Fraser Legal are working closely with authorised mortgage brokers in order for our clients to obtain mortgage funding (see terms and conditions, which normally apply, below)
- Aged 18+
- You are in permanent employment
- Self Employed usually need to have 2 years accounts available
- Permanent right to reside in the UK
- You have no adverse credit that would affect your ability to repay funding
Should you wish to obtain further information please complete the enquiry form
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