Business Centre Investment Opportunity, 13 Main Street, Milngavie, Glasgow, G62 6BJ
- SIZE AVAILABLE
4,087 sq ft
380 sq m
- SECTOR
Commercial property for sale
Key features
- Milngavie is a popular and affluent commuter suburb located 8 miles north of Glasgow City Centre
- Modern business centre providing a variety of suite sizes from 185 - 2,034 SQ FT
- 52% of space is let Milngavie Orthodontics with 7 years unexpired with no breaks
- DDA compliant with lift access
- Benefits from 6 x car parking spaces within M&S Car Park
- Total passing rent of £54,517 pa with 1 x vacant suite
- Offers over £475,000 which reflects 11% NIY and upon letting of vacant suite will go up to 12% NIY
Description
A secure door entry system from street level provides access to the building where there is a spacious reception and waiting area.
A single staircase and passenger lift provide access to the upper floors which has been subdivided into suites of various sizes ranging from 185 - 2,034 sq ft. There are attractive common areas complete with kitchen tea-prep and male and female WCs.
The subjects benefit from the right to use 6 x car parking spaces within adjacent M&S Car Park.
Milngavie is a popular and affluent commuter suburb situated just 8 miles north of Glasgow City Centre.
The subjects are situated within the heart of Milngavie Town Centre on the east side of Main Street opposite its junction with Stewart Street.
Milngavie Railway Station is a 5 minute walk west whilst regular bus services operate in the vicinity.
Nearby occupiers include M&S Simply Food, Colpi, Hays Travel, Boots and Black & Lizars.
Let to 7 tenants with 52% of space is let Milngavie Orthodontics with 7 years unexpired with no breaks.
Only one vacant suite of 260 sq ft.
The offices are generally let on rolling license agreements on a year to year basis.
Total passing net rent of £54,517 per annum. This will increate to £59,717 per annum upon letting of vacant suite.
A copy of the tenancy schedule is available to seriously interested parties.
Brochures
Business Centre Investment Opportunity, 13 Main Street, Milngavie, Glasgow, G62 6BJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Milngavie Station0.1 miles
- Hillfoot Station1.4 miles
- Bearsden Station1.7 miles
Notes
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