A leading independent property consultancy with expertise covering a broad spectrum of property related services
New Instruction

One Masterton Way

Tannochside Park, Glasgow, G75 5PU

£3,830,000


01. Modern and fully refurbished industrial / distribution facility.

02. Extending to 37,169 sq ft GIA.

03. Let to ASC Scotland Limited with guarantee from The Artisanal Spirits Company PLC

04. Let until 7 October 2031 (9.90 years term certain). …

01. Modern and fully refurbished industrial / distribution facility.

02. Extending to 37,169 sq ft GIA.

03. Let to ASC Scotland Limited with guarantee from The Artisanal Spirits Company PLC

04. Let until 7 October 2031 (9.90 years term certain).

05. Passing rent of £255,000 p.a. reflecting £6.86 psf

06. £2m tenant fit out.

07. Long leasehold interest (£1 p.a.) with option to purchase for £1 in 2023.

08. Offers in excess of £3,830,000

09. A purchase at this level would reflect an attractive net initial yield of 6.25%.