Summary

• 6 tenanted flats, located on the upper floors of a mid-terraced tenement block.
  
• South side of Sauchiehall Street.
  
• Excellent transport links.
  
• Investment opportunity.
  
• Offers over £1,040,000 invited.
  
• Monthly Income of £5,800 (£69,600 pa).

Location

The subject property comprises 6 flats on the upper floors of a mid-terraced tenement block on the south side of Sauchiehall Street, a short distance to the west of its junction with Elmbank Street, in Glasgow city centre. The location is well served by public transport and city centre amenities.

Description

The subject property comprises 6 upper floor dwelling flats contained within a mid-terraced stone built tenement block, which is surmounted by a pitched and tiled roof.

The portfolio comprises five three-bedroom flats, and one four bedroom flat, all of which feature its own living room, kitchen, and bathroom. A combined rent accumulated by the six properties totals £5,800 a month, or £69,600 a year.

All flats are tenanted, fitted and decorated to an appropriate standard for tenanted accommodation.

ACCOMMODATION & FLOOR AREAS

The property has been measured in accordance with RICS Code of Measuring Practice – 6th Edition on a Gross Internal basis and is as follows:

Flat 1/1, 435 Sauchiehall Street:  1,216 sq.ft. (113 sq.m.)
Flat 1/2, 435 Sauchiehall Street:  1,292 sq.ft. (120 sq.m.)
Flat 2/1, 435 Sauchiehall Street:  1,216 sq.ft. (113 sq.m.)
Flat 2/2, 435 Sauchiehall Street:  1,216 sq.ft. (113 sq.m.)
Flat 3/1, 435 Sauchiehall Street:  1,216 sq.ft. (113 sq.m.)
Flat 3/2, 435 Sauchiehall Street:  1,216 sq.ft. (113 sq.m.)

SALE TERMS

Offers over £1,040,000 invited.

ENERGY PERFORMANCE

A copy of the Energy Performance Certificate’s (EPC) for the subjects is available upon request.

LEGAL COSTS

Each party will be responsible for paying their own legal costs incurred in this transaction.

VAT

All prices quoted are exclusive of VAT which may be chargeable.

ANTI MONEY LAUNDERING

DM Hall is regulated by HMRC under the Money Laundering Regulations 2017, as amended by the Fifth Money Laundering Directive effective from 10 January 2020. In line with these regulations, we must carry out due diligence checks on all purchasers and vendors. Once an offer is accepted, the purchaser(s) or occupier(s) must provide proof of identity, address, and proof of funds before the transaction can proceed.

VIEWING ARRANGEMENTS

Strictly by prior appointment via the agents.

MAKE AN ENQUIRY

Jonathan McManus
07771 606582
jonathan.mcmanus@dmhall.co.uk

Or

Louis Holmes
07787 308812
Louis.holmes@dmhall.co.uk