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Kelvin House Buchanan Gate 20,253 SF Office Building Stepps G33 6FB $2,252,069 CAD ($111.20 CAD/SF) 20.08% Cap Rate
Investment Highlights
- Kelvin House is a prominent three storey modern office building
- A prominent and well established business park
- Kelvin House is situated in Buchanan Gate Business Park
Executive Summary
Offers in excess of £1.2 million for the heritable interest are invited. This reflects an attractive net initial yield of 20.08% after allowing for standard costs and LBTT,
and a low capital rate of £60 per sq ft.
and a low capital rate of £60 per sq ft.
Property Facts
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
20,253 SF
Building Class
B
Year Built
2006
Price
$2,252,069 CAD
Price Per SF
$111.20 CAD
Cap Rate
20.08%
NOI
$452,215 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
6,810 SF
Building FAR
0.91
Lot Size
0.51 AC
Parking
71 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Kitchen
- Energy Performance Rating - D
- Demised WC facilities
- Direct Elevator Exposure
- Reception
- Recessed Lighting
- Drop Ceiling
- Raised Floor System
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Kelvin House | Buchanan Gate
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