Log In/Sign Up
Your email has been sent.
30-34 Loanbank Quadrant 5,194 SF Industrial Condo Unit Offered at $1,056,743 CAD in Glasgow G51 3HZ
Investment Highlights
- Located within the popular Govan area of Glasgow just off Helen Street
- Industrial investment opportunity let to Tri-Shield Protection Products Ltd located within the popular Govan area of Glasgow
- Well-presented semi detached industrial unit with secure yard
Executive Summary
Semi-detached industrial premises of steel portal frame construction surmounted by pitched insulated panel roof incorporating daylights. 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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 7.50% |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Tenure | Freehold |
Description
Semi-detached industrial premises of steel portal frame construction surmounted by pitched insulated panel roof incorporating daylights.
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.
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.
Sale Notes
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.
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 34 | 5,194 SF | Industrial | $1,056,743 CAD ($203.45 CAD/SF) | $79,255.76 CAD |
Unit 34
| Unit Size |
| 5,194 SF |
| Condo Use |
| Industrial |
| Price |
| $1,056,743 CAD ($203.45 CAD/SF) |
| NOI |
| $79,255.76 CAD |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 34
| Unit Size | 5,194 SF |
| Condo Use | Industrial |
| Price | $1,056,743 CAD ($203.45 CAD/SF) |
| NOI | $79,255.76 CAD |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Tenure | Freehold |
| Description | |
| Semi-detached industrial premises of steel portal frame construction surmounted by pitched insulated panel roof incorporating daylights.<br> <br> Internally the subjects provide open-plan warehouse accommodation with vehicle access door from secure yard.<br> <br> 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.</li></ul> | |
| Sale Notes | |
| 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.<br> <br> 10 years from 11/10/22 subject to a tenant only break option on 11/10/2027<br> <br> Passing rent of £45,000 per annum (£9/sq ft), subject to an upwards only rent review: 11/10/2027<br> <br> Rent review is higher of open market or RPI capped and collared at 4% & 2%<br> <br> Rent will be increasing to a minimum (based on RPI uplift) of: £51,440 in October 2027.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,544 SF | Typical Floor Size | 10,544 SF |
| Property Type | Industrial (Condo) | Year Built | 1988 |
| Property Subtype | Warehouse | Lot Size | 0.30 AC |
| Building Class | B | Parking Ratio | 0.76/1,000 SF |
| Floors | 1 |
| Total Building Size | 10,544 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 10,544 SF |
| Year Built | 1988 |
| Lot Size | 0.30 AC |
| Parking Ratio | 0.76/1,000 SF |
Amenities
- Fenced Lot
- Security System
- Automatic Blinds
Utilities
- Lighting
- Water - City
- Sewer - City
1 1
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
30-34 Loanbank Quadrant
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.