Semi-detached industrial unit of steel frame construction under a concrete cement roof. New metal cladding to front.
Location
Prime location adjacent to Junction 6 of the M8 and only 4 miles from J5 (Raith) of the M74. Newhouse lies 14 miles east of Glasgow and 32 miles west of Edinburgh. The property is located on Howden Avenue within Newhouse Industrial Estate overlooking the M8.
Other estate occupiers include Honeywell, Volvo/Terex, UPS, WH Malcolm, Ryder, XPO, Co-op and Brakes.
Accommodation
Warehouse - 17,121 sq ft (1,591 sq m)
Offices (incl. warehouse office/kitchen/WCs) - 2,971 sq ft (276 sq m)
TOTAL GIA (APPROX) - 20,092 sq ft (1,867 sq m)
Terms
RATEABLE VALUE - We understand that the property is entered into the Valuation Roll as one entry as follows:
NAV/RV £55,500
All rating enquiries should be made directly to Lanarkshire Assessors Department T: 01698 476 078
TERMS - The Heritable interest (Scottish equivalent of English freehold) in our client’s property is available for sale with vacant possession at offers in excess of £800,000.
LEGAL COSTS - Each party will be responsible for bearing their own legal costs. In the normal manner, the purchaser will be responsible for any Land & Buildings Transaction Tax (LBTT) and registration fees.
VAT - All prices, premiums, rents, etc. are quoted exclusive of VAT.
Specification
- Prime location overlooking the M8
- Refurbishment underway
- Adjacent to Eurocentral – Scotland’s premier distribution location
- Minimum height of 3.65m to underside of truss
- External & internal refurbishment underway
- Comprises warehouse, reception, offices, kitchen and WCs
- Loading door to rear with ramp access to warehouse
- Potential for any purchaser to create additional ground level loading door and yard to rear.