Description
Secure parking space for sale, located in central Merchant City. Entered via remote access wrought iron electric gates, the drive-in pend opens into a large enclosed carpark that sits under the flats of Ingram Square. Our space No. 10 is located undercover on the southmost wall and offers easy turning access. Dimensions of the space are Height 2m x Width 2.2m x Length 4.8m.
The car park is secure, gated, undercover, and is factored by Speirs Gumley. Ideal if you live or work in the city or for an investor, this could offer at least a 6% yield with parking spaces commanding from £100pcm, the space could be a great addition to your portfolio.
Situation:
Located in the Merchant City, this setting offers unquestionably one of the most envied and prominent social locations Glasgow has to offer and a thriving residential community, there are a wealth of amenities including both general and specialist shopping, wine bars and many highly acclaimed restaurants. This destination neighbourhood, within Glasgow's City Centre has benefitted from significant redevelopment in the last few decades with a mix of both residential and commercial redevelopment. The parking space is in close proximity to Glasgow's Style Mile, Glasgow's International Financial Services District, Strathclyde & Caledonian Universities, the Glasgow School of Art, the SEC and The Clyde Auditorium. The area benefits from easy access to High Street, Queen Street and Central Train Stations and road links are exceptional.
Travel Directions:
Walking from George Square continue South onto South Frederick Street. At the lights turn left onto Ingram Street passing by the Italian Centre on the left. Crossing at the pedestrian lights on the Glassford Street Junction, continue heading east on Ingram Street where you will find the gated entrance to No. 111 on the right-hand side just after the junction with Montrose Street.
Outgoings:
The parking space is managed by Speirs Gumley and their basic quarterly charge includes insurance. However, additional charges have been incurred when remedial work is required.
