Reith Lambert

Reith Lambert have 4 on-going Investment properties for sale

Reith Lambert have 4 on-going Investment properties for sale

Reith Lambert have 4 on-going Investment properties for sale

Please see below the details of investment opportunities currently available in Glasgow, Edinburgh & Elgin.

  • Prime multi let leisure and retail investment
  • Iconic listed building in one of Glasgow’s main leisure destinations
  • Adjacent to the Glasgow School of Art in the heart of Glasgow City Centre
  • Anchored by the wold renowned O2 ABC venue
  • Over 19 years WAULT to expiry
  • Passing rent of £454,526 per annum
  • Offers in excess of £4,500,000 reflecting a net initial yield of 9.52%, assuming standard purchasers costs

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  • Prime location adjoining the M9 at Newbridge, Edinburgh
  • Multi let industrial terrace and office pavilion
  • Strong tenant line up including Greggs, Rigby Taylor & CCHG (t/a Vaporized)
  • Net rent £125,038 pa
  • 75% of income secured to industrial occupiers
  • 86% of floor area is industrial
  • Offers over £1,650,000 reflecting a NIY of 7.17%

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  • Single let retail investment
  • Prominent town centre location
  • Let to William Hill Organisation Ltd until 31/08/2023
  • Lease recently extended
  • Annual rent £38,000 (£31.90 psf Zone A)
  • Offers over £450,000 reflecting a net initial yield of 8.11%

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  • Single let convenience store investment
  • Located in close proximity to Crossmyloof Train Station
  • 29 years unexpired term with no breaks
  • Low passing rent on £15,000 pa (£10.00 psf)
  • Deal price of £147,500 reflecting an attractive NIY of 10%

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Please Contact

David Thorburn
Surveyor - Capital Markets & Agency
Email: david@reithlambert.co.uk
DD: 07964 688 144

Ewan Cartwright
Partner - Capital Markets
Email: ewan@reithlambert.co.uk
Mobile: 07930 443 596

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