Belgrave Court Rosehall Rd 16,329 SF 100% Leased Office Building Bellshill ML4 3JA £1,265,000 (£77.47/SF) 13.50% Net Initial Yield
INVESTMENT HIGHLIGHTS
- High specification of build, constructed in 2008.
- Superb access to the Scottish Motorway Network.
- Car parking.
EXECUTIVE SUMMARY
Offers in excess of £1,265,000 A purchase at this level reflects an NIY of 13.5% after purchaser’s costs.
Total rental income of £181,000 rent per annum
Total rental income of £181,000 rent per annum
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
16,329 SF
Building Class
B
Year Built
2008
Price
£1,265,000
Price Per SF
£77.47
Net Initial Yield
13.50%
NOI
£170,775
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
5,443 SF
Slab to Slab
10 ft
Building FAR
0.89
Lot Size
0.42 AC
Parking
51 Spaces (3.12 Spaces per 1,000 SF Leased)
AMENITIES
- Raised Floor
- Security System
- EPC - D
- DDA Compliant
- Lift Access
- Natural Light
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