1-8 MOORFIELD INDUSTRIAL ESTATE GATEHEAD ROAD, KILMARNOCK KA2 0BA
HIGH YIELDING UK DISTRIBUTION HQ LET TO OFFICE HOLDINGS LTD FOR A FURTHER 7.5 YEARS 1-8 MOORFIELD INDUSTRIAL ESTATE, GATEHEAD ROAD, KILMARNOCK KA2 0BA
INVESTMENT CONSIDERATIONS • Detached distribution hub extending to a gross internal area of 236,615 sq ft (21,878.6 sq m) • Predominantly let to OFFICE Holdings Ltd for a further 7.5 years • Acts as the main distribution centre for Office across the UK • Large site area of 14.24 acres (5.76 ha) • Well located close to main arterial routes of the M77 and M74. • Current rent passing of £558,753.70 pa equating to a low £2.36 psf. • Offers sought in excess of £5,400,000 (Five Million Four Hundred Thousand Pounds) reflecting an attractive net initial yield of 9.75% assuming purchaser’s cost of 6.13% and a low capital value of £23 psf. 1-8 MOORFIELD INDUSTRIAL ESTATE, GATEHEAD ROAD, KILMARNOCK KA2 0BA HIGH YIELDING UK DISTRIBUTION HQ LET TO OFFICE HOLDINGS LTD FOR A FURTHER 7.5 YEARS
ABERDEEN
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1 m o u r D DUNDEE r i PERTH e ies Dri e LOCATION Dumfr Kilmarnock is the principal and administrative M90 S 71 t
M centre for East Ayrshire, with a population of M80 Hu i rlfo c rd h oa a d e l approximately 46,000. The town is located ’ M9 s
M73 EDINBURGH M
o u 32.2 km (20.0 miles) south east of Glasgow A1 n
M8 t ount V GLASGOW M illa ge A7 and 18.6 km (11.4 miles) north east of Ayr. M77 A68 A71 The town benefits from a mainline railway