• 12 years income secured against one of the
UKs strongest retailers
• Prominent retail warehouse unit situated
within Airdrie Retail Park
• Other occupiers include McDonalds, Iceland,
Halfords & Argos, the park is anchored by a
60,000 sq ft …
• 12 years income secured against one of the
UK’s strongest retailers
• Prominent retail warehouse unit situated
within Airdrie Retail Park
• Other occupiers include McDonalds, Iceland,
Halfords & Argos, the park is anchored by a
60,000 sq ft Tesco Supermarket
• The subjects extend to 23,575 sq ft
• Let to B&M Retail Limited until 7 February
2031 with no breaks
• One of the UK’s most successful retailers
with a net worth which increased by 20% to
£601m in 2018
• Topped-up rental income of £316,795 per
annum reflecting a low rate of £13.44 sq ft,
with a further fixed rental uplift in 2026 to
£358,425 per annum.
• Heritable Interest (Scottish equivalent of
English Freehold)
• Offers in excess of £4,570,000 exclusive
• A purchase at this level would produce an
attractive net initial yield of 6.50% and a
reversionary yield in 2026 of 7.36%