Erskine Ferry Rd | Old Kilpatrick G60 5EU
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- LoopNet Team
Erskine Ferry Rd
Old Kilpatrick G60 5EU
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- 15 FRI Year Lease to Logitech Ltd (Creditsafe score of 72A)
- £165,912 per annum reflecting £6.00 per sq ft
- Heritable Interest (Scottish equivalent of English Freehold)
- Total Accommodation of 27,652 sq ft (2,569 sq m)
- The A82 is less than a 5 minute drive, with Glasgow Airport within a 15 minute drive
- The lease benefits from 5 yearly upward only rent reviews geared to the Retail Price Index (Collared 2.00%, Capped 4.00%)
- Neighbouring the proposed Scottish Marine Technology Park - (30,000 sq m) 300,000 sq ft development
- Offers in excess of £1,950,000 exclusive of VAT, reflecting a net initial yield of approximately 8.00%, and a low capital value of £71 per sq ft assuming standard purchaser's costs
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Manufacturing | Year Built | 1980 |
| Building Class | C | Tenancy | Single |
| Lot Size | 3.30 AC | Parking Ratio | 1.81/1,000 SF |
| Rentable Building Area | 27,652 SF | No. Drive In / Grade-Level Doors | 3 |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 3.30 AC |
| Rentable Building Area | 27,652 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Ratio | 1.81/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
AMENITIES
- 24 Hour Access
UTILITIES
- Lighting
- Gas
- Water - City
- Sewer - City
- Heating
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