Helen Street, Glasgow, G51 3NZ, UK

Helen Street, Glasgow

Asset Description

The estate comprises 4 units ranging from 3,753 sq ft - 8,539 sq ft, totalling 26,371 sq ft.
The estate is fully let to Howden Joinery Properties Limited, one of the largest kitchen suppliers and trade operators in the UK.
The site area totals approximately 0.51 hectares (1.26 acres), providing a site density of c.48%.

...

Building area Gross

2,450 m²

Occupancy

100.00%

Year built

2000

A rare opportunity to acquire 4 highly reversionary trade counter units, all let to an undoubted covenant in an established commercial location, close to Glasgow City Centre.
The estate provides a headline rent of £194,990 pa, which equates to a very low £7.39 psf.
The lease is guaranteed by Howden Joinery Limited who have a CreditSafe score of 100 representing a ‘Very Low’ risk of business failure.