Commercial property

Lots of commercial properties across Scotland are set to go under the hammer


The Sauchiehall Street site

SHEPHERD Chartered Surveyors has revealed the company’s latest commercial property auction, featuring 27 lots across Scotland, will be broadcast online with remote bidding only Wednesday, June 8 at 2:30 p.m.

The The catalog showcases a range of opportunities, including retail, office, licensed leisure, commercial investment, development sites and residential investment.

One lot is in Patna, East Ayrshire, which is a development site of over 11 hectares with planning permission for 138 houses. With a guide price of £415,000, Shepherd described it as an “attractive proposition” for large-scale developers.

Elsewhere, a property currently operating as a takeaway with a kitchen preparation area on Sauchiehall Street in Glasgow city center is priced at £400,000.

To the north of Scotland in Wick is a former TSB bank on a high street which could be converted to class 3 (food and drink) and has a guide price of £70,000.

And at Turiff in Aberdeenshire is a former school site which has already held planning permission for 12 residential units. The building that previously stood on the 1.8 acre site was demolished. The indicative price is £80,000.

Steve Barnett, Managing Partner at Shepherd Chartered Surveyors, said: “Our auctions are increasingly recognized for providing an attractive alternative way for investors, developers, funds and restructuring specialists to negotiate commercial property safely. security given the unrivaled level of professionalism, expertise and local market intelligence that our investigators provide through our network of local offices across Scotland.

“Our partnership with SDL Property Auctions allows us to reach more potential buyers and secure the best prices possible, while delivering speed and certainty within a fixed time frame.”

Interested parties can register at: https://www.sdlauctions.co.uk/buy-property/telephone-proxy-internet-bidding/. The online catalog can be viewed here: https://www.shepherd.co.uk/auction-catalogue/