1 /16
£1,500,000
Argyle Street, Glasgow, G2
- 0 beds
£1,500,000
- 0 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£6,848 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£75,000
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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.
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.
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£91,250
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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