Reith Lambert

Investment for Sale 86-90 Graham Street, Airdrie

Investment for Sale 86-90 Graham Street, Airdrie

Investment for Sale 86-90 Graham Street, Airdrie

Reith Lambert have been instructed to market the Investment Sale of 86-90 Graham Street, Airdrie

  • Let to TJ Morris Ltd (t/a Home Bargains) until 06/01/2028 – 8.75 years unexpired (no breaks)
  • Undoubted covenant of TJ Morris Ltd reported a net worth of £911,755,756 in 2018
  • Prime location on towns main pedestrianised shopping street with free parking nearby
  • Adjacent to a major NHS Health Centre, servicing 4,500 daily visitors
  • Rent of £190,000 pa reflects a low rate of £9.80 psf
  • Heritable interest (Scottish equivalent of English Freehold)
  • Offers over £2,550,000 reflecting a net initial yield of 7.01%