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Phoenix Business Park 2 Office Properties Offered at $2,022,299 in Paisley
Investment Highlights
- Multi-let income with established occupiers
- Well-specified office space within an established business park environment
- The property benefits from excellent connectivity close to the A737 and M8
- Pricing significantly below reinstatement cost, offering a compelling value play with clear capital growth potential
Executive Summary
Offers in excess of £1,500,000 sought, exclusive of VAT, reflecting a net initial yield of 11.39% after allowing for standard purchase costs. This reflects a capital value of only £84 per sq ft.
Property Facts
| Price | $2,022,299 | Number of Properties | 2 |
| Price / SF | $112.94 / SF | Individually For Sale | 0 |
| Cap Rate | 11.39% | Total Building Size | 17,906 SF |
| Sale Type | Investment | Total Land Area | 1.15 AC |
| Status | Active |
| Price | $2,022,299 |
| Price / SF | $112.94 / SF |
| Cap Rate | 11.39% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 17,906 SF |
| Total Land Area | 1.15 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Trojan House
Pegasus Ave, Paisley PA1 2BH |
Office | 8,967 SF | 1990 | - |
|
Phoenix House
Pegasus Ave, Paisley PA1 2BH |
Office | 8,939 SF | 1997 | - |
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Phoenix Business Park
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