117 Clydesmill Place
Cambuslang, Glasgow, G32 8RFSold
Size: 3,129.62 sq.m (33,687 sq.ft)
Type: Investment
Location: Cambuslang
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Highlights
- A prime high quality distribution warehouse.
- Total accommodation of 33,687 sq.ft (3129.6 sq.m).
- Passing rental of £252,645 per annum.
- Offers in excess of £3,400,000 exc VAT, reflecting a net initial yield of approximately 7%, after purchaser's costs.
- Highly prominent gateway site at Cambuslang, one of Glasgow's premier distribution locations.
- Let to the undoubted covenant of Aalco Metals Limited.
- Low overall rate of £7.50 per sq ft providing good prospects of rental growth.
Overview
The property is a substantial distribution warehouse complete with offices, welfare, loading space and exclusive car parking.
The warehouse specification includes a concrete floor, block dado walls, an electrically operated vehicular access door, an eaves height of 7.5m approx, LED lighting and gas ambirad heating. It also includes modern office accommodation contained within a two storey projection. The offices provide a mixture of open plan and cellular space and benefit from carpet and vinyl covered floors, emulsion painted walls, LED lighting and gas radiator central heating.
Outside the building there is a tarmac surfaced yard secured by palisade fencing and 50 car parking spaces.