Tenanted Commercial LOT 20

167-169 James Street, Glasgow, G40 1BS
BIDDING OPENS in...

Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

Rarely available 100% income-producing investment located in the East End of Glasgow. Prime investment opportunity with existing tenants, making it a viable option for potential buyers.

Unit 167 is used as a hairdressers in occupation since 1st April 2023 - 13th March 2030. Rent is £7,200 per annum, Rent review is April 2026. The tenant has an option to extend for a further 7 years.

Unit 169 is used as a vape and convenience store in occupation since 1st of september 2024 - 31st of August 2039. Rent is £7,200 per annum. The tenant has an option to extend for a further 7 years

Rent combined £14,400. This property is VAT FREE. Both Tenants benefit from small buisness rates relief.

Rent reviews every 3 years. Rental potential for the area £18,000 - £24,000 per annum.

Rarely available 100% income-producing investment located in the East End of Glasgow. Prime investment opportunity with existing tenants, making it a viable option for potential buyers. Unit 167 is used as a hairdressers in occupation since 1st April 2023 - 13th March 2030. Rent is £7,200 per annum, Rent review is April 2026. The tenant has an option to extend for a further 7 years. Unit 169 is used as a vape and convenience store in occupation since 1st of september 2024 - 31st of August 2039. Rent is £7,200 per annum. Rent combined £14,400. This property is VAT FREE. Both Tenants benefit from small buisness rates relief. Rent reviews are every 3 years. Rental potential for the area £18,000 - £24,000 per annum.

The address 167–169 James Street is located in the east end of Glasgow, within an area that has a strong industrial and commercial character, alongside ongoing regeneration. The area benefits from good transport links, with easy access to major routes like the M74 motorway, connecting quickly to central Glasgow and the wider motorway network. Public transport is available via nearby train stations such as Bridgeton and Dalmarnock, offering links into the city centre.

Full Address: 167-169 James Street, Glasgow, G40 1BS

Show More

Map & Location

Map   Street View   Satellite

Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length:
Rent: £14,400 per year / £1,200 per month
Yield: 10% (approx)
Tenant: Private Individual
Notes:

Document Downloads

  Legal Docs (Pending)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £140,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Submit Offer Now

Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 23 April 2026, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue