Description
The property, currently under construction and due for completion in Summer 2025, will comprise a new industrial and logistics warehouse with secure yard and parking.
It is anticipated that a small ground floor office area, WC and kitchen will be provided however, at an early stage a tenant’s bespoke fit-out requirements can potentially be accommodated.
Externally there is a large secure concrete yard and car parking for approx. 20 spaces.
Whilst the landlord’s strong preference is to lease the building as a whole, they may consider sub-dividing to provide 2 units of circa 10,000 sq ft.
Key Features
Construction underway, available Summer 2025
21,000 sq ft on a site of 1.25 acres
Prime M8 corridor industrial location
7.2m eaves
2 ground level loading doors
Offices built to suit
Year 1 – 100% rates free
Location
The North Lanarkshire town of Coatbridge lies approximately 8.5 miles to the east of Glasgow city centre and occupies a prime industrial location on the M8 corridor between Glasgow and Edinburgh.
The area has benefited from significant road infrastructure improvements in recent years and is now one of the best connected locations in Scotland, lying at the heart of the country’s motorway network.
The property is located on the north side of Palacecraig Street within the Rosehall Industrial area, approximately 1 mile south of Coatbridge Town Centre and 1 minutes’ drive from the Shawhead Interchange and A8/M8 (J7A).
The Shawhead Interchange also provides a direct route to the M74 (Junction 5 – Raith), via the A725 providing access to the south of Glasgow and England (M6).
The Baillieston Interchange lies 2 miles to the west and is the main hub of Scottish motorway network.
Scotland's main motorways converge at this point, (M8, M73 and M74) providing efficient distribution throughout Scotland.
The property benefits from convenient access to public transport.
Whifflet Railway station is a 10-minute walk, providing rail services to central Glasgow as well as nearby towns including Motherwell and Cumbernauld.
A number of national and local occupiers are located in the area including Oak Furnitureland, Fishers, MacKinnon Mills, Scotsman Group, Olleco, KB Bathrooms, Alliance Healthcare, Rentokil Initial, Eurocell, Plumbing Trade Supplies (PTS), Salts Healthcare and Premier Paper.
There are also various bus routes nearby.
EPC Rating
EPC available on request.
Tenure
The property is available on a Full Repairing & Insuring lease for a duration to be agreed between the parties.
Rent on application.
Legal Costs
Each party will be responsible for bearing their own legal costs and in the normal manner the ingoing tenant will be responsible for any stamp duty land tax and registration fees.
VAT
All prices, premiums, rents, etc. are quoted exclusive of VAT.