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Unit 7C

North Caldeen Road, Coatbridge, ML5 4EF

£960,000


• Located in Calder Park, Coatbridge – 10 miles east of Glasgow
• Excellent communications links, at the heart of Scotland’s motorway network
• Heritable Interest
• Modern industrial unit extending to 13,815 sq ft with a generous parking provision …

• Located in Calder Park, Coatbridge – 10 miles east of Glasgow
• Excellent communications links, at the heart of Scotland’s motorway network
• Heritable Interest
• Modern industrial unit extending to 13,815 sq ft with a generous parking provision and secure concrete surfaced yard
• Let to McGregor Young Limited until 28 January 2026, providing a term certain income of approximately 5.25 years
• Tenant has been in occupation for 20 years
• Passing rent of £73,500 per annum, reflecting a low rate of only £5.32 per sq ft

We are seeking offers in excess of £960,000 exclusive, taking account of prevailing LBTT and standard costs this provides an attractive Net Initial Yield of 7.25% and a low capital rate of only £69 per sq ft.