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For Sale

779 Govan Road, Glasgow, City Of Glasgow, G51 3JY

Tenure

For Sale

Type

Investment

Price

£2,000,000 Offers Over

Size

15,943 Sq Ft

Ref No

19720

Long let office investment
Located in the historic and evolving Govan, one of Glasgow's key regeneration areas
Less than 1 mile from Glasgow's West End and 2.5miles from the City centre
2x co-terminus Full Repairing and Insuring Leases
Undoubted covenants of The Secretary of State for Communities & Local Government and The Secretary of State for Work & Pensions
Total current passing rent of £170,850 per annum (approx. £10.72 per sq ft)
Circa 17 years unexpired income
NIY of 8.04%
Capital rate per sq ft of circa £125

A substantial office asset forming part of Govan Cross Shopping Centre and comprising a Job Centre Plus over ground and first floors.

Open plan office accommodation.

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