Oakbank Trading Estate consists of 9 blocks of trade and industrial units. There are a variety of unit sizes ranging from approximately 856 sq ft to 11,764 sq ft.
- Edge of Glasgow city centre location. Well placed for West End and Great Western Road.
- Prominently positioned on the A81 arterial route, with a daily traffic flow of over 10,000 vehicles.
- Close proximity to junctions 16 & 17 of the M8 motorway.
- Comprehensive refurbishment of Block 9, Unit 1 underway and due for completion in mid-February 2018.
- Block 1 & Block 5 units already refurbished and ready for immediate occupation.
- Ample car parkign available.
- Existing occupiers on site include Grahams, Plumb Center, Plumbstore & Arnold Clark.
Location
Oakbank Trading Estate is located just one mile to the north of Glasgow city centre and is prominently positioned in the A81 with Junctions 16 & 17 of the M8 motorway only a short drive away. The profile and prominence of the estate has attracted a strong trade counter presence and occupiers now include Saint Gobain’s Graham, Plumb Center and Plumbstore in addition to a range of other tenants and uses. Oakbank’s excellent location makes the estate well positioned to serve customers in both the city centre, west end and further afield.
Accommodation
Block 1 Unit 6, 11 Oakbank Street - 885 sq ft - End-terrace unit with signage potential to Garscube Road. Potential for 100% rates relief until at least April 2018.
Block 5 Unit 3, 34 Oakbank Street - 1,858 sq ft - Mid terrace unit. Potential for 100% rates relief until at least April 2018.
Block 5 Unit 5, 38 Oakbank Street - 1,858 sq ft - Mid terrace unit. Potential for 100% rates relief until at least April 2018.
Block 9 Unit 1, 25 Oakbank Street - 11,764 sq ft - Industrial / trade unit. Highly visible at junction of Garscube Road and Possil Road. Undergoing complete refurbishment - due for completion mid-February 2018.
Terms
LEASE TERMS
The units are available on standard Full Repairing and Insuring lease terms.
LOCAL AUTHORITY RATES
The Scottish Government has set the uniform business rate for 2017/2018 at 46.6 pence for properties where the Rateable Value is less than £XXX and 49.2 pence for properties with Rateable Values of £XXX and above. However, as a result of the Small Business Bonus Scheme, properties with Rateable Values below £XXX may qualify for 100% rates relief. Rateable Values of between £XXX and £XXX could qualify for 25% rates relief. This position will continue until at least 31st March 2018.
SERVICE CHARGE
Service charge for the common maintenance and management of the estate will apply.
EPC
Copies of the Energy Performance Certificates are available on request.
VAT
For the avoidance of doubt, all figures and prices are quoted exclusive of VAT.
LEGAL COSTS
Each party will be responsible for its own legal costs incurred in any transaction. The ingoing tenant will be responsible for any LBTT, Registration Dues and VAT thereon.
For a more detailed view of Rents, Service Charges, Rateable Values & EPC Ratings, please see the Availability Document attached.