Lismore Real Estate Advisors has advised Chancerygate & JR Capital on the sale of Clyde Gateway Trade Park, Glasgow, to a private investor for £3.2m / 7.35% NIY.
The investment comprises a modern terrace of four industrial units extending to 27,421 sq ft, strategically located within the Clyde Gateway regeneration area, approximately three miles south east of Glasgow City Centre.
Constructed in 2010, the property is fully let to Evolution Fasteners (UK) Limited until March 2031.
Heads of Terms were agreed just 3 days after launch, with the transaction completing 15 working days later. The sale highlights the continued strength of investor demand for well-located industrial assets, particularly where the tenant is wedded to the site and reversion can be captured in the short term.