Timed Online Auction

21 October 2021, 10am-3pm

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  • TypeLand
  • Ownership Freehold
  • Occupation Vacant
  • Bedrooms 0


Full Address: 143 Sauchiehall Lane, Glasgow City Centre, G2 4JD

City Centre Development Site with planning permission for 22 serviced apartments and one commercial premises. Prime location in between Bath Street and Sauchiehall Street. Planning Number: 17/02192/DC

Prime Glasgow city centre location, seldom available auction property. Planning approval equates to £20,000 per individual unit. Local Authority: Glasgow City Council. READY TO GO SITE.

Located to the rear of Sauchiehall St. Main arterial road leading through the city centre from the West End and Finnieston. Sauchiehall St provides access to the motorway network via Charing Cross.

PRIME residential address for letting with the local area being popular with students, professionals and/or city centre lettings. NEW TO MARKET - Entrance TO SITE at ground level (Sauchiehall Lane).

Prime city centre location, seldom available auction. Roughly square site with services nearby. External View recommended to appreciate the size, prime location and development opportunity. FREEHOLD.

*** Full Planning Permission *** Highly Recognisable Site and Address within the city centre with FULL PLANNING APPROVAL for 22 serviced apartments *** Fenced site for security - EXTERNAL VIEW ONLY. Erection of 9 storey block of 22 serviced apartments with ground floor ancillary reception/café (Sui Generis): Application under Section 42 of the Town and Country Planning (Scotland) Act 1997 for the non-compliance of Conditions 8 and 10 of Planning Consent 17/00457/DC. The plot is located in a prime position to the rear of Sauchiehall Street close to its junction with Hope Street. Buchanan Street Underground and Bus Station are within walking distance. Glasgow Central and Queen Street Railway Stations are also close by. Numerous multi-storey car parks within walking distance including Q Park on Bath Street which is a 5 minute walk. Sauchiehall Street provides access to the M8 motorway via the Charing Cross Junction (Junction 18). BUY-to-LET or investment site in PRIME address for letting with area popular with students and professionals. Numerous restaurants, cafes, bars and recreational amenities can be found on the door step. The M8/M74 Motorway Junction is located close to the property giving access to Glasgow Airport (15 min by car) and Edinburgh city centre (45 min by car). Super location for West End, M8 motorway connections, Glasgow University, Strathclyde University and Bath Street amenities. Prime city centre location. UNIQUE OPPORTUNITY PRICED REALISTICALLY FOR A FAST AUCTION SALE. Access to the lane is via Bath Street or Douglas Street with ample on street parking or within minutes walk to Charing Cross low level train station. Numerous national and independent retailers within the immediate vicinity.

For those working in the CITY CENTRE or WESTEND, the site (once completed) is located close to Glasgow's Business district, the Glasgow School of Art, Caledonian University, Strathclyde university and also has easily accessible transport links to Glasgow University. For Families, GARTNETHILL SCHOOL and ST ALOYSIUS' COLLEGE are also located across the road from the property and CINEWORLD CINEMA and KELVINGROVE PARK are also within walking distance. Sauchiehall Street is the perfect city centre location in the heart of Scotland’s biggest city. The property sits close to excellent amenities which you would expect from a city centre location including a variety of hugely popular brunch cafes; pubs, bars and award-winning restaurants; and retail outlets to suit every budget. The property also has the benefit of being near a range of nurseries, primary and secondary schools, colleges and universities, all within walking distance. For sport and recreational purposes, there are several gyms, sports centres and parks all within easy reach. The location is positioned perfectly for commuters with workplaces within walking distance or a short journey on the Glasgow Subway or via bus. For travel further afield, you have Buchanan Bus Station, Glasgow Central Station and the Queen Street Station all within walking distance. The property also offers access to excellent road networks for the M8, M77 and M74 networks allowing swift access around Glasgow.

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Pricing Information & Bidding

Opening Bid: £395,000

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).

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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

* STANDARD TERMS are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

Auction Details

Date & Time: 21 October 2021, 10am-3pm
Type: Timed Online Auction

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