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Unit 7 iO centre Springhill Pky 12,570 SF Retail Building Baillieston G69 6GA $2,427,411 ($193.11/SF) 6.50% Cap Rate
Investment Highlights
- Prime industrial location
- 2 miles to the Baillieston Interchange
- Let to K&G Distribution LTD
- 6 miles to Glasgow city centre
- Standalone industrial unit on Glasgow Business Park
- Private secure yard area
Executive Summary
Offers are sought in excess of £1,825,000 (one Million, Eight Hundred and Twenty Five Thousand Pounds Sterling) exclusive of VAT for the benefit of our client’s heritable interest. A purchase at this level would reflect an attractive Net Initial Yield of 6.5% after allowing for purchaser’s costs of 6.17%. Closing Date – 12 noon Friday 12 December 2025.
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Auto Dealership
Building Size
12,570 SF
Building Class
B
Year Built
2008
Price
$2,427,411
Price Per SF
$193.11
Cap Rate
6.50%
NOI
$157,782
Tenancy
Single
Building Height
2 Stories
Building FAR
0.17
Lot Size
1.71 AC
Parking
70 Spaces (5.57 Spaces per 1,000 SF Leased)
Amenities
- Energy Performance Rating - C
- Automatic Blinds
- Storage Space
1 1
Nearby Major Retailers
1 of 5
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Unit 7 iO centre | Springhill Pky
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