Commercial Property News

Our magazines are published bi-monthly with in-depth features and news for the commercial property industry. On this page we have the latest news to keep you constantly updated on the market. On the left hand side of the page you can search our archived news which is stored monthly.



Monday, March 20, 2024

Antler Property Investments buy into Hamilton Business Park

Antler Property Investments has acquired 2 buildings on Hamilton Business Park from Silverbank Development Company Ltd for £7.375 million, reflecting a net initial yield of 6.75%.

The two office buildings - Bothwell House and Waverley House, provide attractive open plan accommodation in a range of sizes from individual suites of 1,000 sq ft up to single floors of 8,000 sq ft.

The buildings are multi-let with a total income receivable of £526,558 secured against a number of excellent covenants, including Scottish Ministers, Forestry Commission, Bellway Homes, and Daks Simpson. Passing rents range from £11.50 - £15.15 per sq ft.

Hamilton Business Park is located approximately 10 miles southeast of Glasgow and is superbly positioned for Scotland's road network and is equally accessible from both Junctions 5 and 6 of the M74 motorway.

King Sturge advised the Second Antler Property Investments, whilst Silverbank Development Company Ltd was represented by Ryden.



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