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Bellshill Business Centre

4 Properties Offered at $5,006,337 in Bellshill

Investment Highlights

  • Undoubted location within the popular Bellshill Industrial Estate
  • Flexible business space
  • Potential re-development opportunities
  • Quick access to the A725 dual carriageway
  • Strong and diverse tenant mix including Wolseley UK, Hager and Elsasser UK and Inspired Gaming UK

Executive Summary

Flexible business space totalling 88,365 sq ft sitting on a site area of 6.31 acres providing a site cover of 32%. Strong and diverse tenant
mix including Wolseley UK, Land Survey Solutions , Hager and Elsasser UK, Ganymede Solutions Ltd. and Inspired Gaming UK.
Seeking offers over £3,950,000 showing a gross yield of 16% and a net initial yield of 11.27% based off projected NOI for YE Mar 2024. Total gross income of £675,350 and a projected net income of £474,328 for year ending March 2024.

Property Facts

Price $5,006,337
Price / SF $44.24 / SF
Cap Rate 12.01%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 113,170 SF
Tenure Freehold
Total Land Area 22.01 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Flexspace
Belgrave St, Bellshill ML4 3NP
Flex 88,365 SF 1968 -
Flexspace
Belgrave St, Bellshill ML4 3NP
Industrial 11,975 SF 2008 -
Belgrave St, Bellshill ML4 3NP Retail 970 SF 1970 -
Unit 35
Inchinnan Rd, Bellshill ML4 3NT
Industrial 11,860 SF 1986 -
Show More > < Show Less
  • Listing ID: 28623881

  • Date on Market: 6/1/2023

  • Last Updated:

  • Address: Bellshill Business Centre, Bellshill, NLK

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