The property comprises a total of 20,228 sq ft of contemporary, open-plan office and ancillary accommodation across two floors. It also benefits from a range of other on-site amenities, including parking for 83 cars, landscaped surroundings, electric vehicle charging points, and security.

Constructed in 2008, Pegasus House has remained fully occupied since completion and presents a strong income-generating investment with the security of a high-profile technology tenant on a relatively long lease. The tenant, NXP Laboratories UK Ltd, is a subsidiary of NXP Semiconductors NV, a leading global semiconductor manufacturer listed on the US Nasdaq stock exchange.

The property is strategically located, being well served by a major road network that connects it to Glasgow and the surrounding areas, as well as the M74 motorway for access to England. The area also benefits from two nearby railway stations, and Glasgow Airport is within 40 minutes by car.

In addition, Pegasus House sits within the Scottish Enterprise Technology Park, a United Kingdom Science Park Association (UKSPA) accredited park. The park serves as a dynamic innovation cluster, housing over 100 technology-focused businesses and employing approximately 1,200 people.

With many SMEs arising from university research, UKSPA parks benefit from links to Russell Group Universities (such as the University of Glasgow) and the clustering of science and technology orientated facilities and staff. Scotland continues to establish itself as a key hub for technological advancement, being home to over 11,000 technology businesses and producing approximately 13,000 graduates annually in digital disciplines.

Colin Anderson, partner at Maven, said: “Pegasus House represents the type of high quality, income generating asset we actively seek for our property portfolio.

“The building is let to a well established tenant on a long term lease, offering secure and predictable income.

“Located within a thriving innovation cluster with excellent connectivity, it aligns well with our strategy of offering direct property investment for our investors in strong, income-led commercial property opportunities.”