16th November 2018

Birkenshaw Trading Estate, Uddingston

The subjects form a solus retail warehouse currently comprising two units located in a prime position of Birkenshaw Trading estate.  Units A and B are let to ScS and Sterling Furniture respectively and extend to 13,504 sq ft (Sterling) and 7,585 sq ft (ScS), with both benefitting from mezzanine floors.  There exists re gear and development opportunities at the property.

PURCHASE

On behalf of the Clydebuilt Limited Partnership, Ediston acquired Birkenshaw Trading Estate, Uddingston in June 2017 for a price of £3.235m reflecting a net initial yield of 7.70%.

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