A unique investment portfolio of shop and restaurant properties in Glasgow and Paisley held by SRA Ventures, a company owned by serial entrepreneur, Shaf Rasul, has been brought to market by DM Hall, one of Scotland’s largest independent firms of chartered surveyors.
The properties, all of which are currently well tenanted on medium to long term leases, are available for acquisition either as an entire portfolio or in individual lots.
The portfolio comprises a shop and restaurant in Giffnock on Glasgow’s south side, two hot food takeaways, one in the city’s Dumbarton Road, the other on Paisley Road West, a shop at 67 Causeyside Street, a sit-in café at 55 Love Street and a hot food takeaway at 107 Rowan Street, all in Paisley.
Offers in excess of £895,000 plus VAT are invited for the entire portfolio, whose annual rental income amounts to £96,180, representing an average yield of 10.74 per cent.
Michael MacLeod of DM Hall, who is overseeing the marketing process together with his colleague Anthony Zdanowicz, said: “All six of these properties are on busy thoroughfares with established tenants on good leases and providing handsome rental yields.
“As stated, the properties are available for sale as individual assets or as an entire portfolio and we anticipate significant interest from the investor market.”
For further information on DM Hall’s services, contact Michael MacLeod or Anthony Zdanowicz, of DM Hall LLP, Tel: 0141 332 8615, Email: Michael. MacLeod@dmhall.co.uk and Anthony.Zdanowicz@dmhall.co.uk