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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
LSH-Glasgow
See Agent's Other PropertiesInvestment 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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