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Two prominently positioned commercial properties
Glasgow, G22 - Get Access
Description
Two prominently positioned commercial properties located on the established Saracen Street in Glasgow. While both properties would benefit from refurbishment, they present an ideal buy-to-let investment opportunity. Once repaired and finished to a good standard, the units are considered capable of attracting strong tenant demand from a range of local occupiers, including convenience retail, professional services, takeaway operators, or other uses subject to any necessary consents.
274 Saracen Street is a former grocery store, 129.48 sq m in size with a rateable value of £9,500, consisting of a shop front, storage to the rear, and a basement. 278 Saracen Street is a former fruit and vegetable store, 63.66 sq m in size with a rateable value of £6,900, consisting of a shop front with ample storage to the rear. The properties may qualify for rates relief. Following refurbishment, they are expected to generate competitive market rental income in line with comparable commercial premises within the locality, offering the potential for improved capital value and an attractive investment yield.
Situated within the well-established Possilpark area of north Glasgow, approximately 2.5 miles from Glasgow City Centre, Saracen Street is a prominent commercial location benefiting from excellent connectivity and a strong local customer base. The surrounding area comprises a mix of residential neighbourhoods, established businesses, schools, healthcare facilities, and everyday amenities, making it well suited to a variety of commercial occupiers, including retail, office, and service-based uses. Nearby occupiers include Screwfix, Toolstation, Glasgow Angling Centre, and B&M, alongside a range of independent retailers and community services that generate regular footfall. The location is well served by frequent bus services along Saracen Street, while Possilpark & Parkhouse railway station provides direct links to Glasgow Queen Street and the wider rail network. Excellent road connections via the A879 and M8 motorway offer convenient access to Glasgow City Centre, the Central Belt, and Scotland's wider motorway network, enhancing the properties' accessibility for both customers and businesses.