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56-66 Stirling St 10,441 sq ft 100% Let Retail Property Airdrie ML6 0AW £350,000 (£33.52/sq ft)



Investment Highlights
- Part-let office and retail investment
- Five vacant units offering income potential
- Current rental income of £56,214 pa
Executive Summary
Part-let office and retail investment occupying a prominent corner position at the junction of Stirling Street and Wellwynd in Airdrie town centre. The property produces current contracted rental income of £56,214 per annum from six occupied units, with five additional vacant units providing scope for further income growth. Existing leases expire between February 2027 and March 2030. The building extends to 10,441 sq ft and benefits from a private car park accessed from Wellwynd. The heritable interest is offered for sale subject to the existing tenancies on the instructions of FKA Properties Ltd in liquidation.
Property Facts
Sale Type
Investment
Sale Condition
Bankruptcy Sale
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Shopfront
Property Size
10,441 sq ft
Costar Property Class
C
Year Built
1850
Price
£350,000
Price per sq ft
£33.52
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.92
Total Plot Size
0.26 ac
Frontage
77 ft on Stirling Street
Amenities
- 24 Hour Access
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Nearby Major Retailers
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56-66 Stirling St
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