| Property Type | Investment |
| Tenure | For Sale |
| Size | 4,087 sq ft |
| Price | Offers in excess of £475,000 A purchase at this level reflects a NIY of 11% and will go up to 12% upon letting of vacant suite |
| Energy Performance Rating | Upon enquiry |
Well-presented business centre arranged over 1st and 2nd floor level above a modern retail parade.
A secure door entry system from street level provides access to the building where there is a spacious reception and waiting area.
A single staircase and passenger lift provide access to the upper floors which has been subdivided into suites of various sizes ranging from 185 - 2,034 sq ft. There are attractive common areas complete with kitchen tea-prep and male and female WCs.
The subjects benefit from the right to use 6 x car parking spaces within adjacent M&S Car Park.
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
|---|---|---|---|
| Suite - 1 | 2,034 | 188.96 | Let |
| Suite - 2 | 257 | 23.88 | Let |
| Suite - 3 | 260 | 24.15 | Available |
| Suite - 4 & 5 | 445 | 41.34 | Let |
| Suite - 6 | 200 | 18.58 | Let |
| Suite - 7 | 185 | 17.19 | Let |
| Suite - 8 | 272 | 25.27 | Let |
| Suite - 9 | 434 | 40.32 | Let |
| Total | 4,087 | 379.69 |
Milngavie is a popular and affluent commuter suburb situated just 8 miles north of Glasgow City Centre.
The subjects are situated within the heart of Milngavie Town Centre on the east side of Main Street opposite its junction with Stewart Street.
Milngavie Railway Station is a 5 minute walk west whilst regular bus services operate in the vicinity.
Nearby occupiers include M&S Simply Food, Colpi, Hays Travel, Boots and Black & Lizars.
Let to 7 tenants with 52% of space is let Milngavie Orthodontics with 7 years unexpired with no breaks.
Only one vacant suite of 260 sq ft.
The offices are generally let on rolling license agreements on a year to year basis.
Total passing net rent of £54,517 per annum. This will increate to £59,717 per annum upon letting of vacant suite.
A copy of the tenancy schedule is available to seriously interested parties.
