Office Portfolio

Local government let office
Cambuslang, Glasgow
Description
Purpose built local government office
Purchase Price
£6.8 million
Net Initial Yield
5.0%
Size
36,000 sq ft
Acquisition Structure
Built
Date Acquired
January 2019
Rent Review
Fixed uplifts of 2.5% pa
Tenant
South Lanarkshire Council
Lease Term
20 years unexpired, with no break