224 Carnegie Road, Hillington Park, Glasgow, G52 4NA

Offer in excess of

£800,000

Size

4,471

Tenure

Freehold

EPC

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Parking

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Spaces

1

Space
Space use
Size
Unit - 2 & 3
Light industrial
4,471
Size
Primary use
Light industrial

No floor / site plan

Key features

  • Located within the popular Hillington Park Industrial Estate
  • Modern unit with yard and parking
  • Let to Star Engineering Limited
  • Passing rent of £53,652 per annum (£12/sq ft)
  • Expiry in February 2033, subject to a tenant only break option in February 2028
  • Tenant has created additional first floor office space extending to 860 sq ft, this has not been included in total quoted floor area
  • Offers over £800,000 = NIY of 6.37%

Description

Modern industrial investment opportunity located within the popular Hillington Park industrial estate

Additional information

Clear height
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Yard depth
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Service charge
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Business rates
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Key features

  • Located within the popular Hillington Park Industrial Estate
  • Modern unit with yard and parking
  • Let to Star Engineering Limited
  • Passing rent of £53,652 per annum (£12/sq ft)
  • Expiry in February 2033, subject to a tenant only break option in February 2028
  • Tenant has created additional first floor office space extending to 860 sq ft, this has not been included in total quoted floor area
  • Offers over £800,000 = NIY of 6.37%

Description

Modern end-terraced double unit of steel portal frame construction built in 2022.

Externally benefits from secure communal yard / parking area.

The units have been connected internally and each provides open-plan warehouse accommodation with 6m eaves.

Each unit benefits from toilet block and tea-prep.

The tenant has built out attractive first floor office space in Unit 3 providing an additional 860 sq ft over and above the total quoted floor area.

Hillington Park is Scotland's most successful industrial estate situated just 5 miles west of Glasgow city centre. The subjects are located on the south side of Carnegie Road immediately next to Hillington East Railway Station.

Convenient M8 motorway access is provided via Junction 26 that connects with Glasgow city centre and the M74
travelling east. Glasgow International Airport is just a 5- minute drive travelling west.

Neighbouring occupiers include HPD, Grahams Plumbers Merchant, Sweeney Kincaid, Landscapes &
Contracts.

Let to Star Engineering Limited (05607391)

10 year FRI lease from February 2023 subject to a tenant only break option on 5th anniversary.

Passing rent £53,652 per annum (£12/sq ft) subject to an upwards only open rent review in February 2028.

Star Engineering specialise in delivering safe, reliable, and cost effective safety solutions to the marine and offshore sectors with offices in Birkenhead, Southhampton, Falmouth and Hillington being their Scottish base.
Additional information
Service charge
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Business rates
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Use class
4, 5, 6
Listed building
No
Business for sale
No
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

224 Carnegie Road, Hillington Park, Glasgow, G52 4NA

NEAREST STATIONS

National Rail

Hillington East Station

0.03 miles

National Rail

Hillington West Station

0.63 miles

National Rail

Cardonald Station

0.65 miles

About G M Brown, Glasgow

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Disclaimer - Property reference 337033-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by G M Brown, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.