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Investment

Investment For Sale Glasgow

PROPERTY ID: 133207

PROPERTY TYPE

Investment

STATUS

Available

SIZE

27,163 sq.ft

Key Features

Let to Nike with passing rent of £875,000 pa
Lease extended to Nov 2034 with TBO in November 2029
Tenant undertaking major refit to store
Heritable tenure.

Property Details

Prime Retail Location - Glasgow Is The Largest Retail Market In The Uk Outside Of London's West End And Buchanan Street Is The Prime Pitch. Zero Vacancy - Buchanan Street Has Zero Vacancy And Rents Have Rebounded Pre-covid Levels. Undoubted Covenant - Let To Nike Retail Bv With Parent Company Guarantee Lease Extension - The Tenant Has Been In Occupation Since 2010 And Has Committed To A Lease Extension Until November 2034, With A Tenant Break In November 2029. They Are Currently Undertaking A Major Re-fit.

About the Agent

Investment Unit

£12,500,000 Freehold

20-26 Buchanan Street, Glasgow, G1 3LB
Investment - Available
27,163 sq ft
2,524 sqm
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