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14 Carmyle Ave 16,293 SF 100% Leased Office Building Glasgow G32 8HJ $942,634 ($57.86/SF) 7.90% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Total floor area extending to 1,513 sqm (16.293 sq ft) , Total site area of 0.54 acres (2,185 sqm).
  • Gross income of £58,607 per annum.
  • Part Let Mixed Use Investment.
  • Refurbished building with 33 dedicated car parking spaces.
  • Estimated Rental Value of £125,000 per annum.
  • Sale Price: Offers over £700,000.

EXECUTIVE SUMMARY

Seeking offers in excess of £700,000 reflecting a Net Initial Yield of 7.9% after allowing for purchaser's costs. Upon achieving full occupancy, the purchase price will reflect
a reversionary yield of 16.9%.

PROPERTY FACTS Sale Pending

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
16,293 SF
Building Class
C
Year Built
1967
Price
$942,634
Price Per SF
$57.86
Cap Rate
7.90%
NOI
$74,468
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,431 SF
Building FAR
0.79
Lot Size
0.47 AC

AMENITIES

  • Automatic Blinds
  • Storage Space
  • Listing ID: 35963895

  • Date on Market: 5/23/2025

  • Last Updated:

  • Address: 14 Carmyle Ave, Glasgow G32 8HJ

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