Orr Street comprises primarily industrial/office accommodation in the Bridgeton area of Glasgow, around 1 ½ miles south east of the city centre. A variety of local retail and leisure options are nearby, with greater choice available in the city centre itself. Public transport links are easily accessed, including the nearby Bridgeton railway station, and excellent road links include the M74 and M8 motorway networks.
New to auction is this impressive and unique commercial property situated in the East End of Glasgow, close to Bridgeton Cross. Formerly a church, the property was laterally used as a trade counter business on the ground floor with an additional storage area on the upper floor (this upper level was also occasionally used as a meeting room). The total floor area extends to approximately 565 sq. metres (approx 6150 sq. ft) being 342 sq. metres ground floor and 223 sq. metres on the first floor. We also understand that there is a basement boiler room of 24 sq. metres and a gallery/mezzanine of 124 sq. metres providing a further storage area.
We understand that the property may be affected by some settlement problems to the rear section with a collapsed drain under the building. The published Rateable Value is £12,400 which means that the property may qualify for rates relief under the Small Business Bonus Scheme.
This property offers a number of potential end use options (subject to any required consents) which is sure to excite investors/developers, and the keenly positioned
Guide Price will encourage strong levels of demand. Early expression of interest is recommended to avoid missing out on this fantastic opportunity in prime location.
PLEASE NOTE
The property is being sold on behalf of mortgagees not in possession. No internal viewings are available at this time.
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
£750.00 plus VAT payable on the fall of the Virtual Gavel.
There is no Administration Charge on this Lot.
Call the team on 0141 339 4466 for more information
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