1-11 Main Street, Milngavie, Glasgow, G62 6BH

Investment Summary

  • Prime retail pitch within the pedestrianised town centre of affluent North Glasgow suburb, Milngavie
  • Neighbouring occupiers include Boots, Iceland, Royal Bank of Scotland and Costa Coffee
  • 22,600 sq ft of accommodation over ground and first floor with extensive car parking facilities
  • Let to strong national retailers Marks & Spencer Plc and Ladbrokes, 88% of income secured against Marks & Spencer
  • Passing rent of £485,000 per annum
  • AWULT of 9.95 years to expire and 9.55 years to breaks
  • Asset management opportunities to regear leases
  • We are seeking bids in excess of £7,000,000 (Seven Million Pounds). A purchase at this level provides a Net Initial Yield of 6.53% after allowing for purchasers costs of 6.16%.
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Bidder Registration

A guide on the registration and bidding process is available online (www.lshonlinesales.co.uk). The legal pack, including sale contact is available to download prior to the sale date at www.lshonlinesales.co.uk/


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