Hagmill Crescent in Coatbridge sold

8th June 2016

On behalf of a private investor, Ryden has sold a modern detached industrial warehouse at 5 Hagmill Crescent, Shawhead Industrial Estate, Coatbridge to existing tenant SST Sensing Limited.  The property was sold for £540,000, reflecting a net initial yield of 9.4%.

The 1,284 sq m (13,824 sq ft) industrial property with office and ancillary accommodation was let to SST Sensing Limited at a rent of £53,000 per annum.  Nearby occupiers include QEF Global, California Cake Company and Chemco.

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