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56-66 Stirling St 11,348 SF 100% Leased Retail Building Airdrie ML6 0AW $662,402 ($58.37/SF)
INVESTMENT HIGHLIGHTS
- NIA: 969.99 SQM (10,441 SQFT).
- Current Passing Rent of £90,935 Per Annum.
- Sale Price: OEIO: £495,000 (NIY 17.58%).
- Prominent Corner Building.
- Secure Car Park To The Rear With Approx. 20 Spaces.
EXECUTIVE SUMMARY
The subjects comprise of a former bank building which is now sub-divided to provide a variety of retail/office/studio units across basement, ground and first floor levels. The building is Category "B" Listed and lies within the 'Victoria & Town Centre Conservation Area. The property benefits from numerous entrance points on both Stirling Street and Wellwynd Avenue as well as dedicated parking provisions to the rear.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
11,348 SF
Building Class
C
Year Built
1850
Price
$662,402
Price Per SF
$58.37
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
77’ on Stirling Street
AMENITIES
- 24 Hour Access
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NEARBY MAJOR RETAILERS
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56-66 Stirling St
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