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Trinity Industrial Portfolio

149119 sq ft
Ross Burnett

Partner, Investment

0131 221 2483
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Property Details

Opportunity to acquire the heritable interest in a portfolio of three well located single let industrial properties.

  • Established industrial / distribution locations to the east of Glasgow at the heart of Scotland’s Central Belt, with excellent motorway connections – all units within 12 miles of Glasgow city centre.
  • Let to the covenants of Euro Car Parts Limited, ID Systems UK Ltd and Music Group Innovation SC Ltd.
  • WAULT of 7.6 years to expiry and 4.8 years to breaks.
  • Total Gross Internal Area of 13,853.62 sq m (149,119 sq ft).
  • Total income of £652,714 per annum, reflecting a low average rent of only £4.38 per sq ft.
  • Seeking offers in excess of £7,680,000 (exclusive of VAT) for the beneft of our client’s heritable interests.  A purchase at this level would provide a net initial yield of 8.0%, after purchasers costs of 6.17%.
  • Quoting price reflects a low capital rate of only £51.50 per sq ft.
  • Offers may be considered for individual units.
 

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Head Office

5 Bolton Street, London, W1J8BA

Phone Icon +44 (0) 20 7493 4002
Fax Icon +44 (0) 20 7312 7548
Glasgow

302 St. Vincent Street, Glasgow, G2 5RU

Phone Icon +44 (0) 20 7493 4002
Fax Icon +44 (0) 20 7312 7548
Edinburgh

4th Floor, Exchange Tower, 19 Canning Street, Edinburgh, EH3 8EG

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Manchester

2nd Floor, Abbey House, 74 Mosley Street, Manchester, M2 3LW

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Fax Icon +44 (0) 20 7312 7548
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