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Investment Opportunity - Glasgow

Glasgow,
4,035 sq ft (374.9 sq m)

Prime, Long Let & Indexed Linked Convenience Store Investment Opportunity

350 Argyll Street, The Bridge, Glasgow G2 8LY

Investment Summary

  • Located in the middle of Glasgow’s Central Business District.
  • 1 miles (2 minutes’ walk) from Glasgow’s Central Station.
  • Circa 850,000 sq ft of new developments planned or under construction in the immediate vicinity
  • Let to the undoubted covenant of Tesco.
  • Recently extended lease with over 15 years unexpired.
  • Uncapped RPI linked rent reviews in 2026 & 2031.
  • Offers in excess of £1,900,000.
  • A purchase at this level will show a net initial yield of 4.7% after normal purchasers’ costs.

Description

The property comprises a ground floor convenience store of frame construction with glazed elevations. The property is underneath a
large residential building made up of approximately 160 high end and modern apartments.

sold

For further details please contact us:

EMAIL

01604 604020

Jack Brown

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