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7-25 Fairfield Pl 6,269 SF Flex Condo Unit Offered at $538,648 in East Kilbride G74 5LP
INVESTMENT HIGHLIGHTS
- Easy access to the M8 Motorway
- 12 miles South east of Glasgow
EXECUTIVE SUMMARY
The property comprises an industrial building of steel frame construction arranged over two floors. The property is located on Fairfield Place in the College Milton area of East Kilbride. East Kilbride is within close proximity of Glasgow City Centre, easily accessed from the M8, via the A725 leading to the Kingsway / Queensway and via the A726 Rutherglen Road.
PROPERTY FACTS
| Total Building Size | 64,324 SF | Typical Floor Size | 61,040 SF |
| Property Type | Industrial (Condo) | Year Built | 1982 |
| Property Subtype | Warehouse | Lot Size | 1.72 AC |
| Building Class | C | Parking Ratio | 1.15/1,000 SF |
| Floors | 2 |
| Total Building Size | 64,324 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 61,040 SF |
| Year Built | 1982 |
| Lot Size | 1.72 AC |
| Parking Ratio | 1.15/1,000 SF |
AMENITIES
- Bus Line
- Security System
- Yard
- Automatic Blinds
UTILITIES
- Lighting - Fluorescent
- Gas
- Water - City
- Sewer - City
- Heating - Gas
1 UNIT AVAILABLE
Unit 11
| Unit Size | 6,269 SF | Sale Type | Investment |
| Price | $538,648 | Tenure | Freehold/Long Leasehold |
| Price Per SF | $85.92 | Cap Rate | 8.66% |
| Condo Use | Flex | NOI | $46,646.91 |
| Unit Size | 6,269 SF |
| Price | $538,648 |
| Price Per SF | $85.92 |
| Condo Use | Flex |
| Sale Type | Investment |
| Tenure | Freehold/Long Leasehold |
| Cap Rate | 8.66% |
| NOI | $46,646.91 |
DESCRIPTION
Refurbished industrial unit of steel portal frame construction. Personnel / staff entrances to front with generous communal parking. Bright open-plan warehouse opening out to secure yard area to rear via vehicle access door. First floor offices provided to the front with double-glazed windows units. WC facilities and tea-prep provided.
SALE NOTES
Let to Catercom Ltd (Company No 11038587) Catercom / www.carterco.co.uk is an innovative fibre optic solutions. Company working throughout the UK delivering end to end network build solutions. 5 years from 13/01/25. Tenant break on 13/1/2028. Passing rent of £36,000 pa +VAT payable quarterly, low passing rent of £5.74/sq ft. Rent review: Upwards only open market review - 13/1/2028. A 3 month rental deposit is held for the duration of the lease
Interior
Meeting room
Office
Presented by
7-25 Fairfield Pl
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