Reith Lambert have been instructed to market the Investment Sale of Unit 4 & 5 at Airlink Industrial Estate, Glasgow, PA3 2RS.

• Exceptional location adjacent to the M8 Motorway & Glasgow Airport
• Modern industrial units extending to 9,009 sq ft
• Let to Toby Webster Ltd on 2 leases expiring on 22/09/2020
• The tenant has been in occupation since 2009 and did not exercise their 23/09/2018 break option
• Total annual rent £40,500 pa (£4.50 psf)
• Reversionary rent of £51,800 pa based on an ERV of £5.75 psf
• Long leasehold expiring 06/07/2175 (157 + years unexpired)
• Investment value underpinned by recent vacant possession sales on the estate
• Offers in excess of £500,000 with a net initial yield of 7.76% with a reversionary yield of 9.93% assuming purchasers costs of 4.35%