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The Food Warehouse

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

£1,760,000


Airdrie Retail Park occupies a dominant
position within Airdrie Town Centre

Excellent communication links, at the heart
of Scotland’s motorway network - with
428,000 people within a 20 minute drive of
the Park

Prominent retail warehouse unit situated
within Airdrie …

Airdrie Retail Park occupies a dominant
position within Airdrie Town Centre

Excellent communication links, at the heart
of Scotland’s motorway network - with
428,000 people within a 20 minute drive of
the Park

Prominent retail warehouse unit situated
within Airdrie Retail Park

Other occupiers include McDonalds, B&M,
Halfords & Argos, the park is anchored by a
60,000 sq ft Tesco Supermarket

The subjects extend to 10,000 sq ft

Let to Iceland Foods Limited (t/a The Food
Warehouse) until 12 February 2028 with no
breaks (8.75 years unexpired)

Rental income of £150,000 per annum
reflecting a low rate of £15.00 per sq ft

Heritable Interest (Scottish equivalent of
English Freehold)

Offers in excess of £2,100,000 exclusive

A purchase at this level would produce an
attractive net initial yield of 6.72%