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Carnegie Rd 5,331 sq ft Industrial Property Glasgow G52 4JZ £800,000 (£150.07/sq ft) 6.37% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Next door to Hillington East station
- Easy access to the M8 motorway
EXECUTIVE SUMMARY
The property is available for sale and is let to Star Engineering Limited on a 10 year FRI lease from February 2023 subject to a tenant only break option on 5th anniversary. The passing rent £53,652 per annum (£12/sq ft) subject to an upwards only open rent review in February 2028.
PROPERTY FACTS
| Price | £800,000 | Net Internal Area (NIA) | 5,331 sq ft |
| Price per sq ft | £150.07 | No. Floors | 1 |
| Sale Type | Investment | Year Built | 2023 |
| Yield | 6.37% | Tenancy | Single |
| Tenure | Freehold | Parking Allocation | 1.33/1,000 sq ft |
| Property Type | Industrial | Eaves Height | 19 ft 6 in (5.94 m) |
| Costar Property Class | B | No. Drive In / Grade-Level Doors | 3 |
| Total Plot Size | 0.16 ac |
| Price | £800,000 |
| Price per sq ft | £150.07 |
| Sale Type | Investment |
| Yield | 6.37% |
| Tenure | Freehold |
| Property Type | Industrial |
| Costar Property Class | B |
| Total Plot Size | 0.16 ac |
| Net Internal Area (NIA) | 5,331 sq ft |
| No. Floors | 1 |
| Year Built | 2023 |
| Tenancy | Single |
| Parking Allocation | 1.33/1,000 sq ft |
| Eaves Height | 19 ft 6 in (5.94 m) |
| No. Drive In / Grade-Level Doors | 3 |
AMENITIES
- 24 Hour Access
- Yard
- Roller Shutters
- Demised WC facilities
UTILITIES
- Lighting
- Water - City
- Sewer - City
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Carnegie Rd
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