Property Search Shortlist Main website

31 Admiral Street, Glasgow, G41 1HP

  • Industrial
  • 21,750 sq ft
  • For Sale
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240620210450 2.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519 15.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519 16.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519 9.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519 8.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519 6.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519 5.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519 7.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519 10.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519 14.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519 12.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519 11.jpg
31 Admiral Street, Glasgow, Industrial For Sale - PHOTO20240606192519 13.jpg
Property Type Industrial
Tenure For Sale
Size 21,750 sq ft
Price Offers in excess of £1,325,000 A purchase at this level reflects a NIY of 9.69% after purchasers costs.
Energy Performance Rating Upon enquiry

Mixed use investment opportunity located within the popular Kinning Park area of Glasgow

Key Features

  • Fully let to four tenants
  • 1x Showroom, 2x Gym Operators, 1x Workshop/Office User
  • Total GIA - 21,750 SQ FT
  • Total Rent - £136,000 per annum
  • WAULT - 8.56 years
  • Offers over £1.325M invited = 9.69% NIY

Description

The property was originally occupied by a flag maker and ship’s chandlers and thereafter converted into a multi-let building in the 1990’s.

Two storey building of concrete frame construction infilled with blockwork and surmounted by a pitched roof that has been over-clad in recent years.

The building has been sub-divided to create 4 x self- contained units; 3x ground floor and 1x first floor. Each tenant has fitted out their space to a high standard.

A large secure yard is provided as well as a central courtyard area.

Plentiful free on-street parking is provided on Admiral Street itself along with its surrounding streets.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Unit - 31 Admiral St 3,486 323.86 Available
Unit - 33 Admiral Street 1,450 134.71 Available
Unit - 33a Admiral Street 5,188 481.98 Available
Unit - 35/37 Admiral Street 11,626 1,080.09 Available
Total 21,750 2,020.64

Location

The subjects are located within the popular Kinning Park area of Glasgow situated one mile south-west of Glasgow City Centre.

More specifically the subject property is situated on the east side of Admiral Street between its junctions with Milnpark Street and Admiral Street.

The M8 motorway is accessible via Junctions 20 or 21 and the M77 via Junction 22. The M74 is accessed a short distance east of the subjects via Junction 1.

Convenient access to public transport links are provided with both Shields Road and Kinning Park Underground Stations only a 5-minute walk away whilst numerous bus routes operate on Paisley Road West where local shopping and eating amenities are also found.

Neighbouring occupiers include Cotton Print Factory Shop, Nu-Rest Reupholstery and McAlpine Fire Places.