Nuffield Health , The Boardwalk, East Kilbride, Glasgow

Key features

• Prime Heritable (Freehold) leisure investment let to Nuffield Health – an established 5A1 covenant.
• The property is held on an FRI lease expiring 14th February 2036, providing approximately 9.4 years term certain, with an option to extend by an additional 20 years following lease expiry.
• A dominant leisure position within East Kilbride — Scotland's largest planned town with a catchment of over 75,000 residents.
• Established health club with limited direct competition, offering 20m swimming pool, sauna and steam room, fitness studios and large gymnasium benefitting from a recent equipment upgrade.
• Current rent of £281,500 p.a. equating to £10.51 psf. 5-yearly upwards only open market rent reviews with the next review due February 2031.
• The property comprises 26,781 sq ft (2,488 sq m) GIA on a 3.4-acre (1.4 ha) site.
• February 2026 tenant break option not triggered.
• Offers are invited in excess of £3,200,000 reflecting a Net Initial Yield of 8.26% assuming standard purchaser’s costs. Subject to contract and exclusive of VAT.