Summary - STOREY BASEMENT, 193, BATH STREET G2 4HU
1 bed 1 bath Commercial Development
**Key Features:**
- Prime city center location on Bath Street, a bustling commercial area.
- Four interlinked traditional sandstone buildings with a total floor area of 21,091 sq. ft.
- Currently generating a rental income of £396,732 per annum.
- Flexible use potential for hospitality, office space, residential, student accommodation, or serviced apartments (subject to planning).
- Historical consent for residential use on the top floor.
- Off-street parking with 9 tandem parking spaces available.
This extraordinary investment opportunity features an expansive commercial property in the heart of Glasgow’s vibrant Bath Street, renowned for its high foot traffic from students, professionals, and tourists. The property offers considerable potential for diverse revenue streams, either maintaining its mixed-use style or converting the upper floors into lucrative residential units or serviced apartments, capitalizing on strong local demand. Currently, it houses a well-established bar on the lower ground floor, ensuring a reliable income source while the upper levels present a canvas for innovation.
Though the property's condition is generally sound, potential buyers should note the need for future planning approvals should they wish to redevelop into residential or alternative commercial spaces. With quality original architectural features such as high ceilings and sandstone façades providing both charm and character, this property is not just an investment; it’s a canvas for visionary redevelopment. Priced competitively at offers over £3.25 million, this substantial property is ideally suited for savvy investors or developers looking to tap into Glasgow’s thriving real estate market. Don’t miss out on the chance to secure this gem in a bustling urban landscape!
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