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60 High Craighall Rd 4,061 sq ft 100% Let Light Industrial Property Glasgow G4 9UD £345,000 (£84.95/sq ft)



Investment Highlights
- Standalone office building.
- Excellent owner-occupier / investment opportunity.
- Produces a total rental income of £33,388.96 per annum = low average rent of £8.22/sq ft.
- Offers over £345,000 invited.
- Situated just 1 mile north of Glasgow City Centre.
- 3 tenants occupy by way of rolling license agreement with 1 tenant on a lease expiring in December 26.
- 10 x secure car parking spaces.
Executive Summary
Craighall Business Park commands a highly accessible and elevated position just 1 mile north of Glasgow City Centre. Easy M8 motorway access via Junction 16 allowing for travel both east and west 20-minute walk west to St Georges Cross Underground Station. Neighbouring occupiers Avante Digital, Kelvin Smith, Western Lettings, McQueen's Dairies and Eyebright.
Standalone office building with secure yard / parking - fully income producing with ability for full vacant possession Modern standalone office building on secure self-contained site bound by palisade fencing with 10 x secure car parking spaces provided. Access is via a secure door entry system which leads into attractive freshly decorated communal area. The ground floor provides 2 x office suites, 1 x warehouse area together with communal tea-prep and WC's. A passenger staircase provides access to the first floor that provides 2 x office suites. All of the internal fit-out is formed using stud partitions so the layout can be easily changed to suit an occupiers requirements. Mains supplies to 3 x phase power and gas provided.
Standalone office building Situated just 1 mile north of Glasgow City Centre Excellent owner-occupier / investment opportunity 3 tenants occupy by way of rolling license agreement with 1 tenant on a lease expiring in December 26 Produces a total rental income of £33,388.96 per annum = low average rent of £8.22/sq ft 10 x secure car parking spaces Offers over £345,000 invited The subjects are let to 4 tenants producing a total rental income of £33,388.96 per annum = low average rent of £8.22/sq ft. 3 tenants occupy by way of rolling license agreement with 1 tenant on a lease expiring in December 26. Opportunity for a purchase to agree new leases or take back space for owner-occupation. A copy of the tenancy schedule is available to seriously interested parties.
Standalone office building with secure yard / parking - fully income producing with ability for full vacant possession Modern standalone office building on secure self-contained site bound by palisade fencing with 10 x secure car parking spaces provided. Access is via a secure door entry system which leads into attractive freshly decorated communal area. The ground floor provides 2 x office suites, 1 x warehouse area together with communal tea-prep and WC's. A passenger staircase provides access to the first floor that provides 2 x office suites. All of the internal fit-out is formed using stud partitions so the layout can be easily changed to suit an occupiers requirements. Mains supplies to 3 x phase power and gas provided.
Standalone office building Situated just 1 mile north of Glasgow City Centre Excellent owner-occupier / investment opportunity 3 tenants occupy by way of rolling license agreement with 1 tenant on a lease expiring in December 26 Produces a total rental income of £33,388.96 per annum = low average rent of £8.22/sq ft 10 x secure car parking spaces Offers over £345,000 invited The subjects are let to 4 tenants producing a total rental income of £33,388.96 per annum = low average rent of £8.22/sq ft. 3 tenants occupy by way of rolling license agreement with 1 tenant on a lease expiring in December 26. Opportunity for a purchase to agree new leases or take back space for owner-occupation. A copy of the tenancy schedule is available to seriously interested parties.
Property Facts Sale Pending
| Price | £345,000 | Total Plot Size | 0.12 ac |
| Price per sq ft | £84.95 | Net Internal Area (NIA) | 4,061 sq ft |
| Sale Type | Investment | No. Floors | 2 |
| Tenure | Freehold/Long Leasehold | Year Built | 2003 |
| Property Type | Light Industrial | Parking Allocation | 1.48/1,000 sq ft |
| Property Subtype | Light Manufacturing | No. Drive In / Grade-Level Doors | 1 |
| Costar Property Class | B |
| Price | £345,000 |
| Price per sq ft | £84.95 |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Property Type | Light Industrial |
| Property Subtype | Light Manufacturing |
| Costar Property Class | B |
| Total Plot Size | 0.12 ac |
| Net Internal Area (NIA) | 4,061 sq ft |
| No. Floors | 2 |
| Year Built | 2003 |
| Parking Allocation | 1.48/1,000 sq ft |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
-
- Professional, Scientific, and Technical Services
- 2,638 sq ft
- -
- -
Micro-renewable solutions for a sustainable future.
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
|
Professional, Scientific, and Technical Services | 2,638 sq ft | - | - |
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60 High Craighall Rd
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