Reith Lambert have been instructed to market the Investment Sale of 31-37 Admiral Street, Kinning Park, Glasgow
- Exceptional location, close to Glasgow City Centre with immediate access to the M8, M74 & M77 motorways.
- Mixed use investment with 23,495 sq ft of showroom, workshop and warehouse accommodation.
- Let to Morplan, GDC Design Ltd and W McIntyre.
- WAULT to expiry of 4.68 years.
- The rent is £105,607 pa with a fixed increase to £108,607 pa on 28/02/2021.
Offers over £1,175,000 with a net initial yield of 8.52%, a reversionary yield of 8.76% and a low capital value of £50.00 psf.