Media Release: Shepherd offers commercial and residential investment opportunities for sale

Hamilton Road allmedia

SHEPHERD Chartered Surveyors has been instructed by French Duncan Chartered Accountants to offer a commercial and a residential investment opportunity for sale.

The commercial opportunity concerns twin bay warehouse premises used as retail trade counter units in Rutherglen, six miles south-east of Glasgow city centre. The premises offer 11,700 sq ft of space, together with car parking, prominent roadside frontage and dedicated parking to the front for five vehicles.

Steve Barnett, commercial partner at Shepherd’s Glasgow office, said: ““We are inviting offers in excess of £400,000, including the benefit of the existing occupational leases.”

Meanwhile, the residential investment opportunity concerns a modern block of 20 flats with car parking at Hamilton Road, Cambuslang, six miles to the south east of Glasgow city centre.

This three-storey block of flats comprises 16 two-bed and four, one-bed units, with each block benefiting from a secure entry system. 18 of the 20 flats are currently let on six month Short Assured Tenancy Agreements, producing a total monthly rental of £7,822 as at July 2014.

“We are inviting offers in excess of £1,350,000 for these properties,” said Barnett.

Due to the level of interest generated by these investment opportunities, a closing date has been set for 12 noon on Thursday 28th August.

Interested parties for both the commercial and a residential investment opportunities should contact the sole selling agent on tel 0141 331 2807 or submit an offer  in writing to Brian Milne, French Duncan, Chartered Accountants, 10th Floor, 133 Finnieston Street, Glasgow G3 8HB b.milne@frenchduncan.co.uk

ENDS

For further information please contact Steve Barnett or Sandy Lightbody on 0141 331 2807

Issued on behalf of Shepherd by Liquorice Media tel 0141 297 1699 www.liquorice-media.com

Date: 20th August 2014

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Contact: Susan Christie
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