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Auction House UK · 26 Nov 2026 · in 38 days

City Centre Office Investment Opportunity

3/3, 12 Renfield Street, Glasgow, Glasgow City G2 5AL · Scotland

LiveOfficeFreeholdLet

City Centre Office Investment Opportunity
Guide
£15,000
Rent a year
£5,000
Yield on the guide
33.3%
Payback
3.0 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
Not published
Size
160 sq ft£31.25 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

Auction House UK 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.

Auction House UK's record

Auction House UK's results: included with access, £49 a month. Start with a free account.

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About the lot

Freehold office lot in Glasgow. Producing £5,000 a year, a 33.3% gross yield at the guide.

Lot -, Commercial Property. City Centre Office Investment Opportunity: We are delighted to offer to auction this vacant third-floor office suite within a well-established commercial building on Renfield Street, in the heart of Glasgow city centre. Extending to approximately 15 sq. metres (160 sq. ft), the office benefits from a shared kitchenette and WC facilities with three neighbouring office suites. The office itself offers excellent income potential, with comparable office suites in the area achieving rents of approximately £5,000 per annum. Based on the guide price, this represents a potential gross rental yield of around 25%, making it an attractive proposition for investors seeking a high-yielding commercial asset. Alternatively, the property would suit an owner-occupier looking to establish a business presence in a prime city centre location. Early viewing is strongly recommended. Tenure: Freehold. Area: Renfield Street enjoys prime central Glasgow location and benefits from excellent transport connections and immediate access to an extensive range of retail, leisure and business amenities.

Figures come from Auction House UK's 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.