Summary - Spiersbridge Business Park, Spiersbridge Avenue G46 8NL
1 bed 1 bath Business Park
- **Property Type**: Fully let business park investment
- **Current Income**: Approximately £839,000 per annum
- **Location**: Spiersbridge Business Park, Thornliebank, Glasgow
- **Key Tenants**: Including East Renfrewshire Council and Redpath Construction
- **Gross Area**: 3.33 hectares (8.23 acres) with a total square footage of 4,768 sq. ft.
- **Net Initial Yield**: 8.28% (after deduction of purchaser's costs)
- **Asking Price**: Offers over £9.5 million
- **Construction Year**: 2007
- **Tenure**: Freehold on two separate ground leases (to be relinquished upon sale)
- **Property Condition**: Modern construction with high ceilings and accessible loading areas
Discover a lucrative investment opportunity with this fully let business park located in the desirable Thornliebank area of Glasgow. Spanning over 8.23 acres, the property comprises two terraces of industrial/hybrid units and two office buildings, generating an impressive rental income of approximately £839,000 per annum. With established tenants such as East Renfrewshire Council and Redpath Construction, the average remaining lease term is 3 years and 1 month, providing steady cash flow.
The modern facilities are designed for functionality, featuring high ceilings, ample parking, and expansive loading areas suited for various business needs. Situated conveniently near major transport links, the park combines accessibility to Glasgow's city center with the tranquility of a suburban setting. This is an exceptional investment prospect with a robust yield and significant future potential—don’t miss the chance to secure this advantageous property before it’s gone!
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