Commercial property lots across Scotland set to go under the hammer

The Sauchiehall Street site

SHEPHERD Chartered Surveyors has revealed that the firm’s latest commercial property auction, featuring 27 lots throughout Scotland, will be broadcast online with remote bidding only on Wednesday June 8 at 2.30pm.

The catalogue features a range of opportunities, including retail, office, licensed leisure, commercial investments, development sites, and residential investment.

One lot is in Patna, East Ayrshire, which is a development site of over 11 hectares with planning consent for 138 houses. With a guide price of £415,000, Shepherd described this as an ‘attractive proposition’ for large-scale developers.

Elsewhere, a property currently operating as a takeaway with a kitchen prep aera on Sauchiehall Street in Glasgow city centre, is on at a guide price of £400,000.

To the north of Scotland in Wick is a former TSB Bank on a high street location which could be suitable for conversion to class 3 use (food and drink) and has a guide price of £70,000.

And in Turiff in Aberdeenshire is a former school site which has previously held planning permission for 12 residential dwellings. The building that was previously on the 1.8-acre site has been demolished. The guide price is £80,000.

Steve Barnett, managing partner at Shepherd Chartered Surveyors, said, “Our auctions are increasingly recognised for offering an attractive alternative way for investors, developers, funds and restructuring specialists to transact commercial property safe and securely given the unrivalled level of professionalism, expertise and local market intelligence that our surveyors provide via our local office network throughout the length and breadth of Scotland.

“Our partnership with SDL Property Auctions allows us to reach more potential buyers and drive the best possible prices, while providing speed and certainty within a fixed timeframe.”

Interested parties can register at: The online catalogue can be viewed here: