Spiersbridge Business Park 4 Properties Offered at £9,500,000 in Glasgow
INVESTMENT HIGHLIGHTS
- Fully let business park investment
- Two office buildings
- Two terraces of industrial units
- Located within the Thornliebank area of Glasgow
EXECUTIVE SUMMARY
The subjects comprise four main properties available for sale. All fully let business park investment. WAULT average 3 years 1 month. Offers over £9.5 million invited. 8.28% NIY (after deduction of purchaser’s costs). Capital rate of £123 per sq.ft.
PROPERTY FACTS
| Price | £9,500,000 |
| Price / SF | £123.22 / SF |
| Net Initial Yield | 8.23% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 77,098 SF |
| Tenure | Freehold |
| Total Land Area | 32.92 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 4-8 Spiersbridge Way, Glasgow G46 8NG | Office | 24,995 SF | 2008 | - |
|
Spiersbridge House
1 Spiersbridge Way, Glasgow G46 8NG |
Office | 17,142 SF | 2007 | - |
|
Pavillion Way
2 Spiersbridge Way, Glasgow G46 8NG |
Office | 14,046 SF | 2002 | - |
| Spiersbridge Way, Glasgow G46 8NG | Industrial | 20,915 SF | 2005 | - |
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