An opportunity to acquire a multi-let industrial investment extending to approximately 148,000 sq ft on a prominent 20.46-acre site in one of Scotland’s most established industrial locations.
The property provides a diversified income stream from a range of occupiers and offers investors significant opportunities to enhance value through active asset management, leasing initiatives and future development potential. The estate also benefits from a low site density of 16.5% and includes a 1.44-acre development parcel, providing scope for future value creation.
Key Investment Highlights:
- Strategically positioned 7.5 miles from Junction 6 of the M74 motorway
- Heritable Interest (Scottish equivalent of English Freehold).
- Triple net income of £912,242 per annum
- Occupancy of 87.5%
- Attractive capital value of £62.50 psf
- 1.44 acres of development land
- Diversified tenant base of 14 occupiers, with 9 classified as ‘Low Risk’ or ‘Very Low Risk’ by Experian.
- Self-contained estate comprising 24 units totalling 147,994 sqft with units ranging from 2,277 sqft to 16,392 sqft.
The property is available at Offers Over £9.25 million, reflecting a Net Initial Yield of 9.24%, assuming purchaser’s costs of 6.28%.