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Warehouse for sale

Payne Street, Glasgow

Offers Over £1,650,000

Property Description

Full description

Tenure: Freehold

Rare Strategic Investment / Development Opportunity

10 - 24 Payne Street, Glasgow
31 - 63 Townsend Street, Glasgow

We are delighted to present to the market this rare investment opportunity which is made up of 16 tenants across 18 units

Offers Over: £1.65 million
Yield: 9%

Passing rental Income: £153,000 Per Annum

The buildings occupy a strategic location within the Port Dundas area of Glasgow where nearby occupiers include; Mercedez Benz, Nissan, BMW, ORR Decorators and Safestore Self Storage. The surrounding area is predominantly industrial in nature, facing the canal, with the majority of buildings being in private ownership. The property is located with main road access to the major motorway networks, making ease of access to the central belt of Scotland. The property is also within easy walking distance of various public transport networks; Bus, Subway and Train.

The Payne Street and Townsend Street complex comprises of one 4 storey building and one 3 storey building. Various units have a fully fitted kitchen, toilet facilities and offices. The property includes two car parks made up of a total of 67 spaces.

For further information or to arrange a viewing please contact:

Oliver Wright

0141 221 2600


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