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Rare High Yielding Commercial Opportunity, Cumbernauld Business & Conference Centre, Cumbernauld, G67 1HU

not specified / Offices / Investment

Sold - Last updated: 07 February 2024

*** FANTASTIC COMMERCIAL INVESTMENT OPPORTUNITY. Part of a business park generating immediate income. 7 out of the 11 units are fully occupied (4 vacant)***    

Immediate Income producing Commercial Investment opportunity. Large Office / Business units with a current rental of £36,185 p/m (£434,220 p/a). Which accumulates a great yield of 10%% based on our GUIDE PRICE of £365,000.

Heavily Discounted for Auction sale. Cumbernauld Business & Conference Centre boasts a variety of businesses throughout and is perfectly located for easy access to local amenities. Rarely available Auction Property.     

Huge potential for uplift in rental value as well as a tremendous capital growth opportunity.  Property benefits from a fantastic location and lots of potential.There is also private parking associated with the building.

Sure to appeal to a shrewd investor that is looking for a fantastic opportunity to purchase a property that has amazing potential to add value all while collecting a substantial annual rental.For further details please contact our sales team.

Location

Located with easy access this business centre is ideally situated for an active business Hub. Cumbernauld sits between east and west. The business park/ commercial units are extremely easy to access with local links to motorways such as the M80, M8,M73 and A8011. Which means an easy commute for anyone coming from Glasgow, Edinburgh and surrounding.

Accommodation

Unit 4&5 is currently tenanted at £14,994 to a Jenopik UK Limited. Tenancy started on  21/06/2016 and ends on 09/06/2024.

Unit 6 is currently tenanted at £11,330 to a A.C.H Dance. Tenancy started on  01/12/2021 and ends on 16/09/2026.

Unit 7 is currently tenanted at £8,562 to a Usave. Tenancy started on  08/03/2021 and ends on 08/03/2026.

Unit 8&9 is currently tenanted at £11,275 to a QCS International. Tenancy started on  09/09/2018 and ends on 08/09/2024.

Unit 10 is currently tenanted at £5,008 to a Donald Flooring. Tenancy started on  11/09/2021 and is on a a Rolling contract.

Unit 11 is currently tenanted at £6,142 to a Andron. Tenancy started on 08/06/2015 and is on a a Rolling contract.

Terms

Guide Price - £365,000

Property is due for auction in our upcoming timed online auction. For details on registration please contact the team.

Property is available for immediate purchase. Should you wish to place an offer today you can do so via our online offer form. For further details please contact the sales office.

Specification

  • *** FANTASTIC COMMERCIAL INVESTMENT OPPORTUNITY. Part of a business park generating immediate income. 7 out of the 11 units are occupied (4 vacant)***
  • Immediate Income producing Commercial Investment opportunity. Large Office / Business units with a current rental of £36,185 p/a. Which accumulates a great yield of 10% based on our GUIDE PRICE of £365,000.
  • Cumbernauld Business & Conference Centre boasts a variety of businesses throughout and is perfectly located for easy access to local amenities.
  •  Rarely available Auction Property,The Property has HUGE potential for uplift in rental value as well as a tremendous capital growth opportunity.
  • Property benefits from a fantastic location and lots of potential.There is also private parking associated with the building.


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