Commercial and Residential Property Management, Investment and Development Consultancy

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Property: 1 BUCHANAN GATE, STEPPS


1 BUCHANAN GATE, STEPPS

SOLD

  • Highly successful business park which has attracted a number of high profile occupiers including BAM, Scottish Water and Barratt Homes.
  • Excellent communication links and local amenities. 
  • Perfectly situated for accessing all three major central belt cities; Glasgow, Stirling and Edinburgh.
  • There is very limited availability on the park, which has demonstrated a very high occupancy levels over the last decade.
  • Grade A office space in a quality building with excellent parking provision.
  • High quality tenants offering solid quality of income. 
  • Total rent of £116,935 per anum.
  • Heritable interest.
  • Caledonian water Alliance Ltd is a newly formed JV servicing a contract with Scottish Water for a periodof 12 years.
  • Offers sought in excess of £1m reflecting a net initial yield of 11.06% net of costs at 5.8% (represents a capital value per square foot on the net internal area of £98.35 including car parking). 
Please see brochure for further information.


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