Located in an established location approximately 1.5 miles to the north of Glasgow City Centre with immediate access to J16 of the M8 Motorway.
• Purpose built warehouse building of 110,095 sq ft (10,228 sq m) with secure yard and parking.
• Well let to Booker Limited, with shareholder's funds of £672.9M until 30th March 2037, with a tenant only break option on 31st March 2027.
• Passing rent of £674,262 pa which includes a vendor top up to July 2019 fixed review.
• Low base rate of £6.13 psf.
• 3% per annum fixed uplifts.
• Site area of approximately 7.8 acres (3.16 hectares) providing a site cover of 28%.
• Offers in excess of £10,500,000 subject to conclusion of missives and exclusive of VAT.
• Net initial yield of 6%, with annual increases thereafter after allowing for purchaser's costs of 6.8%.