Land · G22 5LF
For saleListed 36 daysAuction 26 Nov · in 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Former thriving hot food takeaway We are delighted to bring to auction this superb opportunity to acquire this former hot food takeaway on Saracen Street, Possilpark.
Most recently the premises served the local community as a Chinese hot food takeaway and comprises a customer waiting area, service area, kitchen, storeroom and w/c.
The premises are approximately 75m2 and has a rateable value of £8700. Subject to consent this could be used for a number of other uses and early expression is highly recommended.
Situated within the well-established Possilpark area of Glasgow, approximately 2.5 miles from Glasgow City Centre, Saracen Street is a prominent commercial location benefiting from excellent connectivity and a strong local customer base.
The surrounding area comprises a mix of residential neighbourhoods, established businesses, schools, healthcare facilities and everyday amenities, making it well suited to a variety of commercial occupiers, including retail, office and service-based uses.
Nearby occupiers include Screwfix, Toolstation, Glasgow Angling Centre and B&M, alongside a range of independent retailers and community services that generate regular footfall.
The location is well served by frequent bus services along Saracen Street, while Possilpark & Parkhouse railway station provides direct links to Glasgow Queen Street and the wider rail network.
Excellent road connections via the A879 and M8 motorway offer convenient access to Glasgow City Centre and Scotland's wider motorway network, enhancing the property's accessibility for both customers and businesses.
Purchasers notes Please note that these particulars have been prepared by us on the basis of information provided by our client.
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Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
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Returns
Set an offer; the calculator follows it.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 268 - 270 Saracen Street, Glasgow
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