The subjects comprise four interlinked distribution units within a terraced parade. The properties are of steel portal frame construction part infilled with concrete block and facing brick and profile metal sheeting externally.
The units are accessed via vehicular roller doors to the front elevation which provide a width of 3.75m. and height of 4.9m. whilst the internal eaves height of the units is 6.25m.
The units also benefit from full length mezzanine storage.
Externally there is a shared surfaced yard for circulation and car parking.
Location
Glasgow is Scotland’s largest city and is the west of Scotland’s administrative centre. The estimated population for Glasgow City in 2019 is 633,120 (national records of Scotland) and is the highest out of all 32 council areas in Scotland. The Glasgow city region has a population of circa 1.8m. The M8, M74, M73 and M80 motorway network puts Glasgow at the hub of Scotland’s road network providing links to Edinburgh, Ayrshire, the “south” and the “north”. Following recent upgrades/extensions to the M80 and M74, work has also finished on the M8/M74 to the east of the city which will boost Scotland’s economy b yimproving connections between the commercial centre’s of Glasgow and Edinburgh and beyond.
The subjects are positioned on the corner of West Street and Kilbirnie Street within the Tradeston Industrial Estate which lies approximately 1 mile south of Glasgow City Centre. The estate benefits from excellent access to the motorway network (M74 and M8) via the nearby Junction 21.
Accommodation
Unit 1B - 450 sq m (4,844 sq ft)
Unit 1C - 450 sq m (4,844 sq ft)
Unit 1D - 450 sq m (4,844 sq ft)
Unit 1E - 450 sq m (4,844 sq ft)
TOTAL - 1,800 sq m (19,376 sq ft)
As mentioned above there is full length mezzanine storage in each of the units.
Terms
RATEABLE VALUE:
Unit 1C-1E - £81,500
Unit 1B - £25,500
TERMS - Our client is seeking to assign their existing leasehold interest which expires 11th November 2033 with a tenant break option 11th November 2028.
The combined annual rent is £102,909.
Individual units could be made available for rentals in the region of £27,500 per annum.
VAT - All prices quoted are exclusive of VAT.
EPC - Available upon request.
LEGAL COSTS - Each party to bear their own legal costs in connection with this transaction.
Specification
- WAREHOUSE/DISTRIBUTION UNITS EXTENDING TO 1,800 SQ. M. (19,376 SQ. FT.)
- UNITS FROM:- 450 SQ.M (4,844 SQ. FT)
- AVAILABLE IN PART OR AS A WHOLE MAY BE CONSIDERED
- PROMINENT COMMERCIAL LOCATION WITH GOOD ACCESS TO MOTORWAY NETWORK
- ANNUAL RENT £102,909