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Telford Court

Clydebank Business Park, Glasgow, G81 2NR

£1,360,000


• Telford Court is located within Clydebank Business Park, an established office and industrial park situated 6.5 miles North West of Glasgow city centre

• The property is held on a Long leasehold from Threadneedle Property Investments expiring 2108 at …

• Telford Court is located within Clydebank Business Park, an established office and industrial park situated 6.5 miles North West of Glasgow city centre

• The property is held on a Long leasehold from Threadneedle Property Investments expiring 2108 at a current passing ground rent of £24,517 p.a. exclusive (being 15% of rent received)

• The property comprises 15 industrial units each with their own yard totalling 32,924 sq ft (3,058.74 sq m)

• Passing rent of £138,931 p.a. exclusive (after ground rent deduction)

• Current average rent of £4.96 psf

• WAULT of 3.57 years term certain and 3.96 year to expiry

• Offers in excess of £1.36m / 9.64% Net Initial Yield

• Attractive low capital value rate of only £41.31 psf