LEADING independent firm of chartered surveyors DM Hall has secured the sale to investors of the heritable interest in Carnbroe House, a 26,003 sq. ft. two storey office building in Finch Way, Strathclyde Business Park, Bellshill ML4 3PE, for just under the asking price of £1.8m.
The property, comprising four modern refurbished office suites, is currently three quarters let to three established businesses, paying a cumulative annual rent of around £225,000, equivalent to a rental per sq. ft of £12.
Strathclyde Business Park is one of the West of Scotland’s premier business park locations, positioned in the heart of Scotland’s central belt. The park is located west of the A725 and south of Shawhead Interchange which links directly to the M8 running east to west and on the M73 linking to the M80 running north.
Jacqueline Towie of DM Hall’s Hamilton office who oversaw the sales process, said: “This represented an exceptional opportunity for an investor to acquire the heritable interest in an established and well-regarded commercial property on the edge of Scotland’s motorway network.
“With its large open plan flexible floorplate, modern LED lighting, double glazed windows on three elevations providing excellent natural daylight, 24-hour building access and dedicated on-site parking, this property provides a comfortable work environment within a highly attractive location for aspiring businesses.
“Our local presence and intimate knowledge of the marketplace undoubtedly played an important role in the sale of this property and we are delighted to have fulfilled our client’s requirements, by delivering a relatively straightforward sale at an attractive price.”
DM Hall has a network of offices across Scotland and the North of England with the recent addition of new offices in Carlisle and Kendal.
