Summary - 54 54 54 Gordon Street, Glasgow City, Glasgow, G1 G1 3PU
1 bed 1 bath Office
Three rentable units near Glasgow Central Station with immediate income potential.
- Three-unit commercial portfolio in central Glasgow
- Two offices currently generating £420 PCM combined
- 800 sq ft gym currently generating £1,500 PCM
- Gym tenant due to vacate September 2025 (re-let risk)
- Potential combined rent £2,320 PCM (£27,840 pa)
- Sold at auction; tenure unknown — due diligence essential
- Very deprived local area; consider demand and rental levels
- Close (200 ft) to Glasgow Central Station; excellent transport links
A three-unit commercial portfolio in Glasgow city centre, arranged within a Victorian sandstone corner building. Two smaller office units currently produce a combined £420 PCM, while an 800 sq ft mixed martial arts gym produces £1,500 PCM; the gym tenant is due to depart in September 2025. The portfolio’s present combined potential rent is £2,320 PCM (£27,840 pa).
The property sits about 200 ft from Glasgow Central Station, offering exceptional transport links and strong footfall from students and commuters. High ceilings and period features give the spaces character and appeal to fitness, beauty, office or leisure operators. Mobile signal is excellent and broadband speeds are fast.
Material considerations: the lot will be sold at auction, tenure is unknown, and the surrounding area is classed as very deprived. The largest tenant’s imminent departure creates immediate re-letting risk but also an opportunity to secure a new tenant or repurpose the 800 sq ft gym. Buyers should allow for refurbishment and fit-out costs if planning a change of use or to attract higher-paying occupiers.
For an investor prepared to buy at auction and manage short-term vacancy, the figures show strong income potential against the asking price of £100,000. This is a central, characterful commercial block with clear re-letting potential and quick access to transport and city amenities, balanced by auction purchase risks and local socioeconomic challenges.
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