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Thornebridge Business Centre Laurieston Rd 4,343 SF 100% Leased Office Building Grangemouth FK3 8XX $466,337 ($107.38/SF) 11.39% Cap Rate
INVESTMENT HIGHLIGHTS
- Prominent roadside location.
- Office space over two floors
- Great Transport Links.
EXECUTIVE SUMMARY
We are seeking offers in excess of £350,000 excluding VAT for the investment, which provides a Net Initial Yield of 11.39% after allowing for the deduction of purchasers costs of 3.81%.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
4,343 SF
Building Class
B
Year Built
1987
Price
$466,337
Price Per SF
$107.38
Cap Rate
11.39%
NOI
$53,116
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,553 SF
Building FAR
0.87
Lot Size
0.11 AC
Parking
36 Spaces (5.06 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Kitchen
- Reception
- Common Parts WC Facilities
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Direct Rail Services
- Transportation and Warehousing
- 1,451 SF
- $25.37
- Jan 2025
- Laura Burden T/A Gizzy Melts
- Retailer
- 167 SF
- $16.78
- Mar 2025
- LES Fulfilment Ltd
- Manufacturing
- 519 SF
- $13.88
- Aug 2027
- Logo Embroidery Scotland Ltd
- Retailer
- 1,255 SF
- $12.69
- Sep 2027
- Moirs Cleaning
- Services
- 283 SF
- $15.63
- Mar 2026
- Rachael Curran
- -
- 339 SF
- $16.54
- Feb 2027
- WM Consultants
- -
- 374 SF
- -
- Jan 2025
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Direct Rail Services | Transportation and Warehousing | 1,451 SF | $25.37 | Jan 2025 | ||
| Laura Burden T/A Gizzy Melts | Retailer | 167 SF | $16.78 | Mar 2025 | ||
| LES Fulfilment Ltd | Manufacturing | 519 SF | $13.88 | Aug 2027 | ||
| Logo Embroidery Scotland Ltd | Retailer | 1,255 SF | $12.69 | Sep 2027 | ||
| Moirs Cleaning | Services | 283 SF | $15.63 | Mar 2026 | ||
| Rachael Curran | - | 339 SF | $16.54 | Feb 2027 | ||
| WM Consultants | - | 374 SF | - | Jan 2025 |
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Thornebridge Business Centre | Laurieston Rd
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