APEX, BEDLAY VIEW, TANNOCHSIDE BUSINESS PARK, SOUTH LANARKSHIRE G71 5PD

75,427 sq ft

Investment Summary

  • Eight unit multi let industrial estate located in Uddingston. Total accommodation of 75,427 sq ft. Units range from 2,891 sq ft to 22,183 sq ft. Average unit size of 9,428 sq ft.Let to tenants including Gamesa, Energetics Design & Build, SEPA and Speedy Hire. AWULT of 4.18 years to breaks and 6.91 years to expiries. Recent letting activity demonstrates ERV of £5.25 psf across the smaller accommodation. Total passing rent of £354,443 pa reflecting £4.70 psf overall. ERV of £373,503 pa equating to £4.95 psf overall. The property was puchased for £4.4million refecting a NIY of 7.5%

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