Ryden purchases Replay retail unit

9th December 2014

On behalf of a private investor, Ryden has purchased the Replay Jeans retail unit at 162 Ingram Street, Glasgow for £865,000, reflecting a net initial yield of 12.57%.

The B Listed property extends to 293 sq m (3,158 sq ft) over ground and basement floors and sits on a prominent corner position of Ingram Street and John Street.  It is currently let to Fashion Box UK Ltd, trading as Replay Jeans, at a current passing rent of £115,000 per annum, with lease expiry in 2021.

The private vendor was represented by Eric Young in the deal.

Categories Deals Investment

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