24th November 2018

B&Q, Tennent Street, Coatbridge

The property comprises a 100,000 sq. ft. solus retail unit let entirely to B&Q plc until 2022 located in Coatbridge, 11.5 miles east of Glasgow.

PURCHASE

Purchased in June 2015 by Ediston on behalf of the Ediston Property Investment Company for £16.80 million, reflecting a net initial yield of 7.50%.

ACHIEVEMENTS

  • Secured terms for pod units to be built in the car park subject to planning and B&Q’s approval.
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