31 Admiral Street, Glasgow, G41 1HP
21,750 Sq Ft / Industrial / General Industrial
For Sale
- £1,325,000.00
Available - Last updated: 15 October 2024
Summary
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.
Key Points
Fully let to four tenants1x Showroom, 2x Gym Operators, 1x Workshop/Office UserTotal GIA - 21,750 SQ FTTotal Rent - £136,000 per annumWAULT - 8.56 yearsOffers over £1.325M invited = 9.69% NIYLocation
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.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£1,325,000.00
| NA |
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