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Distribution Warehouse with vacant possession

Glasgow, United Kingdom

63%

Offers invited

Industrial

#35014

Core+

5 Nov 2024

Property Details

Broker

Under offer

46,858 sq.ft.

4,353 m²

GIA

0

Freehold

X

Fees

0.00 %

0.50 %

0.50 %

Investment Overview

The property is situated in a well-established industrial/ commercial area with industrial and office premises. Nearby occupiers including Welding Engineers, Caledonian Plywood Company, Amari Plastics, Whistl Scotland, Steer Glasgow and Hilti GB Repair Centre, and Wayfair Glasgow. The unit comprises a stand-alone steel portal frame warehouse unit with mezzanine plus refurbished single storey office extension to the front and side elevations. Externally, there is a secure yard to the northern elevation which provides good circulation spaces for HGV’s to park and load & unload with a separate staff parking area located adjacent. Currently held on a long lease 175 years from 7th April 2004 until 6th April 2179. There is an option to purchase the freehold which has been exercised and will complete shortly. Subject to that completion the building will be sold Freehold.