34 Loanbank Quadrant, Govan, Glasgow, G51 3HZ
Size
5,194
Tenure
Freehold
EPC
Ask agent
Parking
Ask agent
- Primary use
- Other
No floor / site plan
Key features
- Well-presented semi detached industrial unit with secure yard
- Located within the popular Govan area of Glasgow just off Helen Street
- Let to Tri-Shield Protection Products Ltd with a company guarantee from Tri-fix Industrial Fasteners Limited
- Expiry in October 2032 subject to a tenant only break option in October 2027
- Passing rent of £45,000 pa = £9/sq ft
- Upwards only rent review in October 2027 to greater of OMR or RPI capped and collared at 2-4% per annum compounded
- Offers over £575,000 = 7.5% NIY after purchasers costs
Description
Internally the subjects provide open-plan warehouse accommodation with vehicle access door from secure yard.
Separate pedestrian access is provided leading into the offices that are arranged over ground and first floor level. The subjects are complete with staff welfare facilities.
Located within the popular Govan area of Glasgow just 3- miles south-west of Glasgow City Centre.
The subject property is situated on the north side of Loanbank Quadrant a short distance west of its junction with Helen Street that connects with the Junction 24 of the M8 motorway that in turn connects with the M74 & M77 beyond.
Excellent access to public transport links are provided; Govan Underground & Bus Station are located just a 10- minute walk north. Neighbouring occupiers include Rearo Laminates, Scotjet and AGM Group.
Let to Tri-Shield Protection Products Ltd (SC591727) with a parent company guarantee from Tri-fix Industrial Fasteners Limited (SC124270) with shareholders funds of £1.48M.
10 years from 11/10/22 subject to a tenant only break option on 11/10/2027
Passing rent of £45,000 per annum (£9/sq ft), subject to an upwards only rent review: 11/10/2027
Rent review is higher of open market or RPI capped and collared at 4% & 2%
Rent will be increasing to a minimum (based on RPI uplift) of: £51,440 in October 2027.
- Service charge
- Ask agent
- Business rates
- Ask agent
- Use class
- 4, 5, 6
- Listed building
- No
- Floors in building
- 1
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
- Ask agent
- Environmental description
- Ask agent
34 Loanbank Quadrant, Govan, Glasgow, G51 3HZ
About G M Brown, Glasgow
Your search history
You have no recent searches
Disclaimer - Property reference 346471-1. 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.