Property photos
Feudal
Offers over
£625,000
(£81.32/sq. ft)
Property for sale
Millworks, 28 Field Road, Busby, Glasgow G767,686 sq. ft
Local area information
Property location
Nearby amenities
- Busby Primary School 0.3 miles
- St Joseph's Primary School 0.3 miles
- Busby 0.3 miles
- Clarkston 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Feudal
- Fully-let business centre investment opportunity
- Let to 20 tenants across 24 suites on annual rolling license agreements
- Generous dedicated on-site car parking
- 5 minute walk to Busby Railway Station
- Total net rental income of £85,856.08 pa = low average passing rent of £11.17/sq ft
- Offers over £625,000 invited = 13.09% niy after purchasers costs
- Elected for VAT however anticipated to be treated as a togc
Description
Millworks is a well-presented standalone business centre arranged over ground, first and second floors with over clad elevations and pitched roof.
There are two entrance points into the building with two passenger staircases providing access to the upper floors.
24 office suites are provided across the floors with communal WC and tea-prep facilities found on each floor.
There is a strong tenant mix with office, beauty and clinic type occupiers with some being in occupation since 2012.
30 on-site parking spaces are provided together with free on-street parking.
Location
The subjects are located within the affluent and popular commuter suburb of Busby, within the East Renfrewshire Local Authority Region, approximately 8.5 miles south of Glasgow City Centre.
More specifically the subjects are situated on the east side of Field Road which is accessed off the A727 East Kilbride Road.
Regular bus services operate on the East Kilbride Road whilst Busby Railway Station is a 5 minute walk away where regular services to Glasgow Central Station are provided.
Nearby occupiers include Jewsons, Gilchrist Steels, The Busby Hotel, Riverside Music College and Prestige Tyres.
Tenancy Information
The subjects are let to 20 x tenants producing a total net income of £85,856.08 pa = low average passing rent of £11.17/sq ft.
Each suite is let on an annual rolling licence agreements with copies available to seriously interested parties.
Millworks is a well-presented standalone business centre arranged over ground, first and second floors with over clad elevations and pitched roof.
There are two entrance points into the building with two passenger staircases providing access to the upper floors.
24 office suites are provided across the floors with communal WC and tea-prep facilities found on each floor.
There is a strong tenant mix with office, beauty and clinic type occupiers with some being in occupation since 2012.
30 on-site parking spaces are provided together with free on-street parking.
Location
The subjects are located within the affluent and popular commuter suburb of Busby, within the East Renfrewshire Local Authority Region, approximately 8.5 miles south of Glasgow City Centre.
More specifically the subjects are situated on the east side of Field Road which is accessed off the A727 East Kilbride Road.
Regular bus services operate on the East Kilbride Road whilst Busby Railway Station is a 5 minute walk away where regular services to Glasgow Central Station are provided.
Nearby occupiers include Jewsons, Gilchrist Steels, The Busby Hotel, Riverside Music College and Prestige Tyres.
Tenancy Information
The subjects are let to 20 x tenants producing a total net income of £85,856.08 pa = low average passing rent of £11.17/sq ft.
Each suite is let on an annual rolling licence agreements with copies available to seriously interested parties.
More information
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