The Food Warehouse

Unit 3, Airdrie Retail Park, Airdrie, North Lanarkshire, ML6 9JB

Asking Price £1,760,000

Airdrie Retail Park occupies a dominantposition within Airdrie Town CentreExcellent communication links, at the heartof Scotland’s motorway network - with428,000 people within a 20 minute drive ofthe ParkProminent retail warehouse unit situatedwithin Airdrie Retail ParkOther occupiers include McDonalds, B&M,Halfords & Argos, the park is anchored by a60,000 sq ft Tesco SupermarketThe subjects extend to 10,000 sq ftLet to Iceland Foods Limited (t/a The FoodWarehouse) until 12 February 2028 with nobreaks (8.75 years unexpired)Rental income of £150,000 per annumreflecting a low rate of £15.00 per sq ftHeritable Interest (Scottish equivalent ofEnglish Freehold)Offers in excess of £2,100,000 exclusiveA purchase at this level would produce anattractive net initial yield of 6.72%