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Lot 3

SPACE 61, 37 ALBION STREET, GLASGOW, G1 1LH

Covered Secure Space Within Multi-storey Car Park in Merchant City

Location

The parking space is within the popular and vibrant Merchant City area of Glasgow, just 500 metres south east of Glasgow City Chambers. The subjects are situated on the west side of Albion Street, close to its junction with Bell Street. It lies between Blackfriars Public House and the Q Park Candelriggs car park.

The entrance to the parking area is through electronically controlled entrance gates to the basement parking area. The gates are under the sign “No Entry Except for Residents” and space 61 is clearly marked.

Description

The parking space is within a purpose built multi-story car park with access via a substantial metal electronically controlled entrance gate.

The car-parking is managed by Newton Property Management and common charges are divided on an equal 1/72nd basis for the space. Historically the charges have, we understand, been around £150 per annum. Proprietors also contribute annual payments to Q Park for the main superstructure which we understand are in the order of £50 per space.

Rateable Value

£2000

Tenure

Owner Vacant Possession.

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By arrangement with the Auctioneers, SVA Property Auctions Ltd Tel 0131 624 6640.




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