Factory acquired by tenant
Ryden sells Coatbridge unit yielding 9.4%
The property at 5 Hagmill Crescent was sold for £540,000, reflecting a net initial yield of 9.4%.
The 1,284 sq m (13,824 sq ft) industrial property with office and ancillary accommodation was let to SST Sensing at an annual rent of £53,000.
Nearby occupiers include QEF Global, California Cake Company and Chemco.