Erskine Ferry Rd
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Erskine Ferry Rd
27,652 SF Industrial Building Old Kilpatrick G60 5EU $2,468,323 ($89/SF)
Investment Highlights
- Large car park.
- The A82 is less than a 5 minute drive, with Glasgow Airport within a 15 minute drive.
- Gated entrance.
Executive Summary
We are instructed to seek offers in excess of £1,950,000 exclusive of VAT. A purchase at this level reflects a net initial yield of approximately 8.00%, after purchaser’s costs.
The property is offered subject to a new 15-year full repairing and insuring lease to Logitech Limited, the initial rent will be £165,912 per annum payable quarterly in advance. Rent reviews will be 5 yearly, upward only reviews geared to the Retail Price Index per annum (Collared 2.00%, Capped 4.00%).
The property is offered subject to a new 15-year full repairing and insuring lease to Logitech Limited, the initial rent will be £165,912 per annum payable quarterly in advance. Rent reviews will be 5 yearly, upward only reviews geared to the Retail Price Index per annum (Collared 2.00%, Capped 4.00%).
Property Facts
| Price | $2,468,323 | Lot Size | 3.30 AC |
| Price Per SF | $89 | Rentable Building Area | 27,652 SF |
| Sale Type | Investment | No. Stories | 1 |
| Tenure | Freehold | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 1.81/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Price | $2,468,323 |
| Price Per SF | $89 |
| Sale Type | Investment |
| Tenure | Freehold |
| 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
- Water - City
- Sewer - City
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Erskine Ferry Rd
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