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Mossbell Road, Bellshill, Glasgow, ML43NW
not specified / Industrial
Withdrawn - Last updated: 05 October 2020
Executive Summary Prime distribution investment Located in Bellshill 12 miles east of Glasgow and 38 miles west of Edinburgh Single let distribution facility extending to approximately 117,027 sq ft (10,872.2 sqm)Tenant - DHL Supply Chain Limited for a period of 10 years from completion Strong Covenant- DHL Supply Chain Limited (Dun & Bradstreet Rating of 5A1)Passing rent will be £XXX per annum (£XXX psf) Fixed rental uplift in year 5 will see the rent increase to £XXX per annum (£XXX psf)Heritable Interest (Scottish equivalent of English Freehold) Site area extends to 10.13 acres (4.10 hectares) providing a site coverage of 27%Extensive concrete yard area - 191,598 sq ft (17,800 sqm) Offers are sought in excess of £XXX (Five Million, Eight Hundred Thousand Pounds Sterling), reflecting a net initial yield of 7%, increasing to 7.31% following the fixed rental uplift, assuming purchaser's costs based on LBTT. This reflects a low capital value of £XXX psf
Location
Mossbell Road, Bellshill, Glasgow , ML43NW, Lanarkshire, Scotland
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