Payne Street, Glasgow

£1,650,000

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Rare Strategic Investment / Development Opportunity

10 - 24 Payne Street, Glasgow
31 - 63 Townsend Street, Glasgow

We are delighted to present to the market this rare investment opportunity which is made up of 16 tenants across 18 units

Offers Over: £1.65 million
Yield: 9%

Passing rental Income: £153,000 Per Annum

The buildings occupy a strategic location within the Port Dundas area of Glasgow where nearby occupiers include; Mercedez Benz, Nissan, BMW, ORR Decorators and Safestore Self Storage. The surrounding area is predominantly industrial in nature, facing the canal, with the majority of buildings being in private ownership. The property is located with main road access to the major motorway networks, making ease of access to the central belt of Scotland. The property is also within easy walking distance of various public transport networks; Bus, Subway and Train.

The Payne Street and Townsend Street complex comprises of one 4 storey building and one 3 storey building. Various units have a fully fitted kitchen, toilet facilities and offices. The property includes two car parks made up of a total of 67 spaces.

For further information or to arrange a viewing please contact:

Oliver Wright

0141 221 2600

07976056504

ow@a-i-a.co.uk

Identification will be required from interested persons/ parties at a later stage in line with Money Laundering Regulations. We aim to for property particulars and sales adverts to be fair, accurate and reliable however they are only a general guide and encourage interested parties to clarify any points of importance with us. Sizes are approximate and indented for general guidance only. We recommend interested persons/ parties to check the services, equipment or appliances in the property before making a formal offer. These particulars do not constitute representation of fact or form part of any offer or contract. The information referred to in the these particulars should be verified by prospective buyers or tenants. AIA Real Estate Ltd nor its employees or agent have the authority to give any warranty in relation to this advert.


Reference: IN1000566


Disclaimer

These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

Glasgow Office

AIA Business Centre, First Floor, 153 Queen Street, Glasgow, G1 3BJ
Phone: 0141 221 2600 // info@a-i-a.co.uk

London Office

Green Park House, 15 Stratton Street, Mayfair, London, W1J 8LQ
Phone: 0203 538 2866 // info@a-i-a.co.uk