Commercial and Residential Property Management, Investment and Development Consultancy

home/0contact/1contact/2

Search options:


Property Week - Scotland Analysis  

‘No hay, no pay’ has agents champing at the bit
Fri, 6 Jan 2012
MORE >>

INTELLIGENCE: Jones Lang LaSalle’s new year forecast
Fri, 6 Jan 2012
MORE >>

Plumbed in Water Coolers from AquAid

Property: 47/53 Union Street, Glasgow

[Stuff_for_Website0001.jpg]
[Stuff_for_Website0002.jpg]
[Stuff_for_Website0003.jpg]
[Stuff_for_Website0001_1.jpg]

Download

click to download brochure

47/53 Union Street, Glasgow

£500,000 (NIY of 9.46% with Minimum RY of 9.92%)

HIGH YIELDING CITY CENTRE RETAIL INVESTMENT

  • Offers Over £500,000 (Net of costs at 5.8%)
  • Net Initial Yield of 9.46%
  • Minimum Reversionary Yield of 9.92% at first review
  • 15 year FRI lease with tenant break in year 10 on 9 October 2021


More Information:
Rent reviewed to the higher of OMV or £52,500pa at year 5
Stong covenant with over a decade trading history on Union Street.
Passing rent of £50,000pa (£28.63psf Zone A)

Map:
Loading...