Auction House / Scotland
  • For Sale By Unconditional Online Auction
  • Guide Price* : £199,000
  • Auction Ended 01/08/2023
  • Lot 69

143 Sauchiehall Lane, Glasgow, Glasgow City, G2 4HG

FOR SALE VIA NATIONAL ONLINE AUCTION. REGISTER TO BID!

Location

The development site at 143 Sauchiehall Lane offers prime location within easy reach of Glasgow City Centre’s shopping and retail outlets, which include the Italian Centre, Buchanan Galleries and the St Enoch's Centre as well as numerous of cafes, bars and restaurants. Glasgow Concert Hall, The Gallery of Modern Art, many theatres and cinemas and other cultural centres are easily accessible. Both Queen Street and Glasgow Central Station are within walking distance and the M8 motorway provides access to Scotland's other main cities and commercial centres.

Description

Plot of land with planning
We are delighted to offer to auction this fantastic new build development opportunity, enjoying prime location at the junction of Sauchiehall Lane and Blythswood Street in Glasgow. The development comprises the erection of a nine storey block to include 22 x serviced apartment units with ancillary café/reception on the ground floor. The full details of planning permission (recently expired) for the development can be found under Glasgow City Council Planning References 17/02192/DC and 17/00457/DC. This is a brilliant opportunity to create a strong GDV with outstanding income potential as serviced accommodation units. The keenly positioned Guide Price allied with prime site location is sure to create strong levels of developer demand, so early expression of interest is strongly recommended.

Important Notice to Prospective Buyers

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.

Administration Charge

3.6% including VAT subject to a minimum fee of £3,600.00 including VAT, payable on the fall of the Virtual Gavel.

Disbursements

Please see Legal Pack for any Disbursements.

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* Guide | £199,000
  • Unconditional (Immediate Exchange)

Call the team on 0141 339 4466 for more information

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Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.