25 South Douglas Street, Glasgow_Pand te koop
25 South Douglas Street, Glasgow_Pand te koop
South Douglas Street 25, Glasgow, G81 1PD, UK

25 South Douglas Street, Glasgow

Objectomschrijving

  1. Clydebank is a well-established industrial location, which benefits from a low-vacancy rate and prominence onto Dumbarton Road (A814).
  2. It is situated approximately 8 miles north west of Glasgow City Centre, and 4.1 miles north of Glasgow International Airport.
  3. The town of Clydebank has a resident population of around 41,000 and a surrounding population of 93,000.
  4. Surrounding occupiers include Booker Plc, Morrison Bowmore Distillers, Edrington Group and BAE Systems.
  5. The property is located on South Douglas Street, roughly 1 mile south east of Clydebank town centre and is accessed via Clyde Street.
  6. The property comprises a 15,575 sq ft (GIA) detached industrial unit on a site of approximately 0.73 acres.
  7. Specification of the property includes translucent roof lights, two electrically operated roller shutter access doors, a clear internal height of 5.1m to steel haunch, rising to a maximum of 6.2m, gas fired warm air blowers, 3 - phase electricity supply and LED lighting throughout.
  8. The yard has been re-surfaced, and is hard-standing, secured by palisade fencing.
...

Kenmerken

Netto gebouwoppervlakte
1.447 vierkante meter
Bezettingspercentage
100%
Bruto landoppervlakte
0,3 ha
WAULT
2.5 jaren
NOI
€ 134.000
Vraagprijs
€ 1.571.000

Media

Investeringskenmerken

  1. The property is single-let in whole to Feildcore Service Solutions International LLC (a global company that is a wholly owned subsidiary of GE Vernova).
  2. Fieldcore Service Solutions have been in occupation since 2002, and is let on FRI terms until 27th November 2027 (2.5 years until expiry of the lease).
  3. Current passing rent is £112,918 p.a, equating to £7.25 per sq ft.
  4. The property is used as a centre to facilitate the servicing, maintenance and distribution of GE Vernova's power regeneration equipment.
  5. Heritable Interest.


We are instructed to seek offers in excess of £1,332,000 (One Million Three Hundred and Thirty Two Thousand) subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 8.00%, and a capital rate of £85 psf, allowing for standard purchaser's costs based on LBTT.

25 South Douglas Street, Glasgow 4_Pand te koop
25 South Douglas Street, Glasgow 4_Pand te koop

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Laatst bijgewerkt
10 jun 2025