Summary - 12 Renfield St, Glasgow G2 5AL G2 5AL
1 bed 1 bath Office
Affordable, well-presented office near Glasgow Central — strong rental potential at auction.
Freehold commercial unit in central Glasgow, prime high street corner
A compact commercial freehold in the heart of Glasgow, this well-presented office sits on a prominent Victorian corner on Renfield Street — just a two-minute walk from Glasgow Central Station. The space offers a bright, neutral interior with contemporary finishes, a communal kitchen and bathroom, and high street frontage that suits small businesses or plug-and-play tenants.
The guide-price scenario indicates strong income potential: estimated rent of £450–£550 pcm (circa £5,400–£6,600 pa) would produce a headline 22–24% yield if achieved at the guide price. The property benefits from a low rateable value qualifying for small business rates relief, keeping occupancy costs down for a new occupier or investor.
Notable practical points: broadband speeds are reported as very slow, the surrounding area is classified as very deprived, and the lot will be sold at auction — all factors investors should factor into pricing and letting strategy. The building’s Victorian character and good footfall location support lettability, but any buyer should verify exact floor area, service arrangements and refurbishment needs before purchase.
Overall this is a straightforward, affordable central-Glasgow opportunity for commercial investors seeking an easily lettable unit or for owner-occupiers wanting a low-cost city base. The combination of location, low rates and ready-to-rent condition creates clear short-term rental prospects, while sale at auction suits buyers prepared to move quickly.
Commercial property for sale in Suite 1/3, 12 Renfield Street, Glasgow, G2 — £20,000 • 1 bed • 1 bath
Office for sale in 2/6, 54 Gordon Street, Glasgow, G1 3PU, G1 — £35,000 • 1 bed • 1 bath
Office for sale in Level 4, Unit 4, 54 Gordon Street, Glasgow, G1 3PU, G1 — £12,000 • 1 bed • 1 bath
Office for sale in 82 Union Street, 1st Floor, Glasgow, G1 3QS, G1 — £85,000 • 1 bed • 1 bath • 2214 ft²
Commercial property for sale in Level 4, Unit 4, 54 Gordon Street, Glasgow, G1 3PU, G1 — £15,000 • 1 bed • 1 bath
Commercial property for sale in 82 Union Street, 1st Floor, Glasgow, G1 3QS, G1 — £85,000 • 1 bed • 1 bath • 2214 ft²
