Darnley Darnley Leisure Park Leisure Park Glasgow / G53 7RH Darnley Mains Road, Glasgow, G53 7RH
Darnley Darnley Leisure Park Leisure Park Glasgow / G53 7RH Darnley Mains Road, Glasgow, G53 7RH Darnley Darnley Leisure Park Leisure Park Darnley Mains Road, Glasgow, G53 7RH Darnley Mains Road, Glasgow, G53 7RH Darnley Darnley Leisure Park Leisure Park Glasgow / G53 7RH Glasgow / G53 7RH Executive Summary • Prime Leisure Park investment in Glasgow, prominently located on major arterial route. • Highest calibre, national tenant line-up including Costa Coffee, McDonald’s, KFC, Carphone Warehouse and Domino’s. • 100% income producing with 87% of total income secured against national covenants. • Situated next to large Sainsbury’s and B&Q, with an extensive retail catchment. • Adjacent land to be further enhanced by a significant mixed-use development, including 300 new homes. • Current passing rent of £377,500 per annum. • Income security for an average weighted unexpired term of over 10 years until the earliest lease breaks, with over 73% of the income secured until at least November 2026. • Demonstrable rental growth with consistent uplifts at reviews. • Park totals 13,797 sq ft (1,281.78 sq m). • 158 car parking spaces, offering an excellent car parking ratio of 1:88 sq ft (1:8 sq m). • Heritable interest (Scottish equivalent of Freehold). • Clear asset management opportunities to add further value. • Offers in excess of £5,500,000 (Five Million, Five Hundred Thousand Pounds) exclusive of VAT are invited. A purchase at this level provides a net initial yield of 6.49%, assuming purchaser’s standard acquisition costs of 5.80%. A82 GLASGOW AIRPORT A8 Location Glasgow is Scotland’s largest city and the third largest in the UK.
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