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Future Property Auctions · 22 Oct 2026 · in 3 days

201A Pitt Street, Glasgow, G2 4DT

201A Pitt Street, Glasgow, G2 4DT · Scotland

LiveLeisureFreeholdLet

201A Pitt Street, Glasgow, G2 4DT
Opening bid
£225,000a starting bid, not a guide: lots usually sell well above it
Rent a year
£30,000
Yield on the opening bid
13.0%Future Property Auctions quotes 13.0%, which looks net of its own cost assumptions; rent over guide is 13.3%
Payback
7.7 yrs
Net yield, after buying costs, at the opening bid
🔒 With access
Likely to sell for
🔒 With access
Energy rating
Not published
Size
2,506 sq ft£11.97 rent per sq ft

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

The cost breakdown and net yield: included with access, £49 a month. Start with a free account.

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What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

The likely sale range: included with access, £49 a month. Start with a free account.

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Energy rating

Future Property Auctions hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

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History

  • First listed on Cornerlot 11 Oct 2026.

Future Property Auctions' record

Future Property Auctions' results: included with access, £49 a month. Start with a free account.

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About the lot

Freehold leisure lot in Glasgow. Producing £30,000 a year, a 13.0% gross yield at the guide.

Commercial Investment. 2,506 Sq.Ft Licensed Premises on Pitt Street within the city centre. Basement premises located off Sauchiehall Street. Tenanted on written lease on FRI terms with annual rental £30,000 (inc. VAT). The subjects are let on an FRI basis to Dingsheng Trading Ltd at a rental of £25,000 per annum. Lease expires 9th December 2026. Currently operated as a gaming centre with multi purpose rooms. Parking is provided to the front of the subjects and there are numerous multi-storey car parks within the area. Glasgow Central/Buchanan St Underground Station are within walking distance. Opportunity to purchase a substantial city centre licensed commercial premises located in a populatr area between Bath Street and Sauchiehall Street. Freehold Sale - SUITABLE FOR A RANGE OF USES. Situated in a popular location in Glasgow, this property benefits from being just a short walk from Glasgow Central Station and is close to a whole host of amenities and transport links. 2,506 Sq.Ft Licensed Premises with large basement on Pitt Street within the city centre. Freehold Sale located off Sauchiehall Street. Lease on FRI terms with annual rental £30,000 (inc. VAT). E-sports bar for players and fans, board game lovers, and anyone who looks to hang around with friends and some authentic drinks and cocktails. Licensed premises is arranged over Ground and Basement levels and comprise the following approximate net internal area: Ground - 169.53 Sq.Ft / 15.75 Sq.M. Basement - 2,506 Sq.Ft / 232.82 Sq.M. The tenant has undertaken an impressive fit out with attractive bar area, gaming rooms and toilet facilities. Combination of internet cafe, traditional pub and e-sports match view arena. Lease. The subjects are let on an FRI basis to Dingsheng Trading Ltd at a rental of £25,000 per annum. The lease. will expire on 8th December 2026 with a tenant option for a 5 year lease extension at 6 months notice. There is an outstanding rent review from 8th December 2021 and there is a £6,250+VAT (£7,500 deposit in place for the duration of the lease. Rateable Value - £20,500 p/a. SUPERB TRADING LOCATION WITHIN CORE CITY CENTRE - Commercial Investment Opportunity . Well-Let investment on FRI lease terms at £25,000+VAT per annum. Tenancy: Type of Agreement: Full Repairing & Insuring (FRI). Length: Annual. Rent: £30,000 per year / £2,500 per month. Yield: 13% (approx). Tenant: Private Individual. Notes: The subjects are let on an FRI basis to Dingsheng Trading Ltd at a rental of £25,000 per annum. Lease expires 9th December 2026. The city of Glasgow has a population of around 650,000 persons and is estimated to serve a wider catchment of approximately 2.5 million people. The subject property is located on Pitt Street, at its junction with Sauchiehall Street, and close to the Charing Cross area of central Business District. Sauchiehall Street is also one of Glasgow’s principal thoroughfares. Nearby occupiers include Nando's, Black Sheep Coffee, Glasgow School of Art, CCA…

Figures come from Future Property Auctions' published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.