The subjects under report comprise a substantial detached multibay warehouse unit currently utilised as a Cash & Carry. The original building is estimated to date back to the 1970/80s with a newer section of warehouse added around 20 years ago. The building is of modern steel portal frame construction with a multi-pitched roof. External elevations comprise a facing brick finish with parapet wall head. Internally, the accommodation is predominantly arranged over the ground floor with the exception of a concrete frame mezzanine which runs the length of the central bay.
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 by improving connections between the commercial centre’s of Glasgow and Edinburgh and beyond.
Accommodation
GIA - 5,228 SQ M (56,281 SQ FT)
Terms
RENT Upon application.
RATING The premises are entered in the current Valuation Roll with a rateable value of £262,500.
VAT Unless otherwise stated, all prices, rents and premiums are quoted exclusive of VAT.
Prospective purchasers/ lessees are advised to satisfy themselves independently as to the incident of Value Added Tax in respect of this transaction.
EPC A copy of the energy performance certificate can be provided to interested parties upon request.
LEGAL COSTS Each party to be responsible for their own legal costs incurred during the transaction.
ANTI MONEY LAUNDERING REGULATIONS The money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 came into force on 26th June 2017. This now requires us to conduct due diligence not only on our client but also on any purchasers or occupiers. Once an offer has been accepted, the prospective purchaser(s)/occupier(s) will need to provide, as a minimum, proof of identity and residence and proof of funds for the purchase, before the transaction can proceed.
Specification
• Prime southbank location
• Outside of LEZ
• Secure yard area – 0.52 Acres
• Rent – upon application
• Situated adjacent to Buchanan Wharf campus
• Suitable for a variety of uses such as industrial, storage, logistics, cash & carry