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Kelvin House Buchanan Gate 20,253 sq ft Office Property Stepps G33 6FB £1,200,000 (£59.25/sq ft) 20.08% Net Initial Yield
Investment Highlights
- Kelvin House is a prominent three storey modern office building
- A prominent and well established business park
- Kelvin House is situated in Buchanan Gate Business Park
Executive Summary
Offers in excess of £1.2 million for the heritable interest are invited. This reflects an attractive net initial yield of 20.08% after allowing for standard costs and LBTT,
and a low capital rate of £60 per sq ft.
and a low capital rate of £60 per sq ft.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
20,253 sq ft
Costar Property Class
B
Year Built
2006
Price
£1,200,000
Price per sq ft
£59.25
Yield
20.08%
NOI
£240,960
Tenancy
Single
Number of Floors
3
Typical Floor Size
6,810 sq ft
Plot ratio
0.91
Total Plot Size
0.51 ac
Parking
71 Spaces (3.5 Spaces per 1,000 sq ft Leased)
Amenities
- Security System
- Kitchen
- EPC - D
- Demised WC facilities
- Lift Access
- Reception
- Recessed Lighting
- Suspended Ceilings
- Raised Floor System
1 of 6
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Kelvin House | Buchanan Gate
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