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1 Lister Way
Blantyre G72 0FT

Fenick House · Office Property For Sale

Investment Highlights

  • Car parking.
  • Great transport links.
  • Located in Hamilton International Technology Park, one of Scotland’s premier business parks.

Executive Summary

Offers are invited in excess of £3,420,000 (Three Million Four hundred and Twenty Thousand pounds) for our clients interest.
A purchase at this level would reflect an attractive net initial yield of 10.00% and a projected reversionary yield of 11.86% in March 2026 based on purchasers costs of 6.47%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
23,776 SF
Building Class
B
Year Built/Renovated
2006/2016
Price
$4,319,272
Price Per SF
$182
Cap Rate
10%
NOI
$431,927
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
7,989 SF
Building FAR
0.51
Lot Size
1.07 AC
Parking
93 Spaces (3.88 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Raised Floor
  • Restaurant
  • Accent Lighting
  • Energy Performance Rating - A
  • Atrium
  • DDA Compliant
  • Demised WC facilities
  • Fully Carpeted
  • Direct Elevator Exposure
  • Reception
  • Recessed Lighting
  • Shower Facilities
  • Drop Ceiling
  • Air Conditioning
  • Listing ID: 31518499

  • Date on Market: 4/16/2024

  • Last Updated:

  • Address: 1 Lister Way, Blantyre G72 0FT

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