M7 Real Estate has sold Old Mill Trade Park, Kirkintilloch near Glasgow to an undisclosed buyer.
Let to Howdens Joinery, the 11,225 sq ft industrial property is located within Old Mill Trade Park, and fronts the town's main thoroughfare.
Following a rent review, which was completed in the Spring, the sales process was undertaken during lockdown, and a simultaneous exchange and completion occurred in under three weeks.
Andrew Brass, Asset Manager at M7, commented: “Our expectations were that this asset, being a sub £1 million lot size and an industrial property let to an exceptionally strong covenant, would remain appealing to investors despite the wider market conditions, which was borne out.”